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Liberia vs Tuvalu

Crypto regulation comparison

Liberia

Liberia

Tuvalu

Tuvalu

Restricted
No Regulation

The CBL has not issued crypto licenses and considers unauthorized crypto products illegal. No specific crypto legislation exists but the Financial Institutions Act requires licensing for all financial services.

Tuvalu has no specific cryptocurrency regulation. Uses the Australian dollar.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Central Bank of Liberia
Regulator National Bank of Tuvalu
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • CBL has not approved any crypto licensing
  • Unauthorized crypto products deemed illegal under Financial Institutions Act
  • CBL shut down local crypto startup TACC in 2021
  • No specific crypto tax framework
  • Very low crypto adoption due to limited internet access
Key Points
  • No specific cryptocurrency legislation
  • Uses the Australian dollar
  • Very limited financial and internet infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services