BTC $68,183.00 (+2.05%)
ETH $1,967.17 (+0.20%)
XRP $1.42 (+0.58%)
BNB $613.21 (+1.12%)
SOL $84.17 (+3.68%)
TRX $0.28 (+1.30%)
DOGE $0.10 (+1.78%)
BCH $555.78 (+1.64%)
ADA $0.28 (+1.31%)
LEO $8.58 (-0.80%)
HYPE $29.35 (+2.45%)
XMR $338.23 (+3.98%)
LINK $8.69 (+0.94%)
CC $0.16 (-1.51%)
XLM $0.16 (+1.08%)
RAIN $0.01 (+0.98%)
ZEC $262.53 (+1.66%)
HBAR $0.10 (+1.20%)
LTC $54.02 (+2.28%)
AVAX $9.28 (+5.01%)

Lithuania vs Zimbabwe

Crypto regulation comparison

← Back to map | Lithuania | Zimbabwe
Lithuania

Lithuania

Zimbabwe

Zimbabwe

Legal
Restricted

Cryptocurrency is legal and regulated in Lithuania. The Bank of Lithuania oversees VASPs under AML regulations and has been an early mover in crypto regulation within the EU. Lithuania attracted a large number of VASP registrations due to initially favorable conditions, though it tightened requirements significantly in 2022-2023. The MiCA framework now applies.

Zimbabwe has restricted cryptocurrency through its central bank. The RBZ banned financial institutions from processing crypto transactions in 2018. However, in a unique move, the RBZ issued gold-backed digital tokens (ZiG tokens) in 2023 as a store of value. Zimbabwe has a history of currency instability (hyperinflation, currency collapses) which drives informal crypto adoption for hedging and remittances.

Tax Type Capital gains
Tax Type None
Tax Rate 15%
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining Yes Yes
Regulator Bank of Lithuania (Lietuvos Bankas)
Regulator RBZ (Reserve Bank of Zimbabwe)
Stablecoin Rules Regulated under EU MiCA framework
Stablecoin Rules No private stablecoin regulation; RBZ introduced gold-backed ZiG digital token as state currency
Key Points
  • VASPs must register with the Bank of Lithuania under AML/CFT law
  • Capital gains from crypto taxed at 15% personal income tax rate
  • Lithuania became a major EU hub for crypto companies; over 500 VASPs registered by 2022
  • Tightened VASP requirements in 2022-2023, including local substance and capital requirements
  • MiCA transition underway from December 2024
Key Points
  • RBZ banned banks and financial institutions from servicing crypto in 2018
  • RBZ issued gold-backed digital tokens (ZiG) in 2023 as a CBDC-like instrument
  • No licensing framework for crypto exchanges
  • Informal crypto adoption driven by currency instability and remittance needs
  • Crypto ownership itself is not explicitly criminalized for individuals
Sources
Sources