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Lesotho vs Maldives

Crypto regulation comparison

← Back to map | Lesotho | Maldives
Lesotho

Lesotho

Maldives

Maldives

No Regulation
Restricted

Lesotho has no specific cryptocurrency regulation. The central bank has not issued formal guidance on crypto.

The Maldives Monetary Authority has warned against cryptocurrency and does not recognize it as legal tender. No specific legislation exists but the MMA discourages crypto activities.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator Central Bank of Lesotho
Regulator Maldives Monetary Authority (MMA)
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No 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
  • MMA has warned against cryptocurrency use
  • Crypto not recognized as legal tender
  • No specific cryptocurrency legislation
  • Financial institutions discouraged from dealing in crypto
  • Limited crypto adoption
Sources
Sources