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Lesotho vs Saint Vincent and the Grenadines

Crypto regulation comparison

Lesotho

Lesotho

Saint Vincent and the Grenadines

Saint Vincent and the Grenadines

No Regulation
Legal

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

Saint Vincent and the Grenadines has been a popular jurisdiction for offshore crypto businesses. No income or capital gains tax.

Tax Type None
Tax Type No tax
Tax Rate N/A
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Central Bank of Lesotho
Regulator Eastern Caribbean Central Bank (ECCB), Financial Services Authority
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
  • Popular jurisdiction for crypto business registration
  • No income or capital gains tax
  • Financial Services Authority provides oversight
  • ECCB provides regional monetary oversight
  • Several crypto exchanges have been registered here