Lesotho vs Monaco
Crypto regulation comparison
Lesotho
Monaco
No Regulation
Legal
Lesotho has no specific cryptocurrency regulation. The central bank has not issued formal guidance on crypto.
Monaco has no income or capital gains tax. The CCAF oversees financial activities. Monaco has shown interest in blockchain technology and digital assets.
Tax Type
None
Tax Type
No tax
Tax Rate
N/A
Tax Rate
0%
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
Central Bank of Lesotho
Regulator
Commission de Contrôle des Activités Financières (CCAF)
Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
No specific stablecoin regulation
Key Points
- No specific cryptocurrency legislation
- Central bank has not issued formal crypto guidance
- Part of the Common Monetary Area with South Africa
- Limited crypto adoption
- No licensing framework for crypto services
Key Points
- No income or capital gains tax
- CCAF provides financial regulatory oversight
- Government has shown interest in blockchain technology
- Working on digital asset regulatory framework
- Small but active fintech community