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Lesotho vs San Marino

Crypto regulation comparison

← Back to map | Lesotho | San Marino
Lesotho

Lesotho

San Marino

San Marino

No Regulation
Legal

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

San Marino has developed a regulatory framework for blockchain entities. The country has issued licenses for blockchain-based businesses.

Tax Type None
Tax Type Unclear
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Central Bank of Lesotho
Regulator Central Bank of San Marino, AIF (Financial Information Agency)
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
  • Delegated Decree on blockchain technology entities issued
  • Licenses issued for blockchain-based businesses
  • AIF provides regulatory oversight
  • Small jurisdiction working to attract blockchain companies
  • Developing comprehensive digital asset regulation
Sources
Sources