Libya vs Moldova
Crypto regulation comparison
Libya
Moldova
Banned
No Regulation
Libya has a restrictive stance on cryptocurrency. The Central Bank of Libya has warned against crypto use. Political instability and a divided government complicate any regulatory development.
Moldova currently has no specific cryptocurrency legislation. The National Bank warns that virtual currencies are unregulated and user funds are not protected. Ownership and trading are legal but use as payment is prohibited. Moldova plans to introduce its first crypto law by 2026, aligned with EU MiCA regulation, including a 12% tax on crypto profits.
Tax Type
None
Tax Type
Income
Tax Rate
N/A
Tax Rate
12% (planned)
Exchanges
No
Exchanges
Yes
Mining
No
Mining
Yes
Regulator
Central Bank of Libya
Regulator
National Bank of Moldova
Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
No stablecoin regulation
Key Points
- Central Bank of Libya has warned against cryptocurrency use
- No specific cryptocurrency legislation
- Political instability limits regulatory development
- Crypto used informally despite restrictions
- No licensed crypto exchanges operate
Key Points
- Virtual currencies not regulated; user funds not protected per NBM warning
- Ownership and trading legal; use as payment prohibited
- First crypto law planned by 2026, aligned with EU MiCA regulation
- Planned 12% tax on crypto transaction profits
- Law being drafted jointly by Finance Ministry, NBM, and AML authority