BTC $68,039.00 (+0.10%)
ETH $1,975.92 (+0.38%)
XRP $1.43 (+0.39%)
BNB $625.63 (-0.09%)
SOL $85.27 (+1.03%)
TRX $0.29 (+1.14%)
DOGE $0.10 (-1.44%)
BCH $564.90 (+0.69%)
ADA $0.28 (-1.74%)
LEO $8.37 (-3.72%)
HYPE $29.59 (-2.08%)
LINK $8.88 (-0.86%)
CC $0.16 (+0.07%)
XMR $326.32 (-2.12%)
XLM $0.16 (-0.65%)
RAIN $0.01 (-1.68%)
ZEC $260.19 (+0.46%)
HBAR $0.10 (-0.41%)
LTC $54.95 (-0.57%)
AVAX $9.12 (-0.30%)

Libya vs Marshall Islands

Crypto regulation comparison

← Back to map | Libya | Marshall Islands
Libya

Libya

Marshall Islands

Marshall Islands

Banned
Legal

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.

The Marshall Islands passed the Sovereign Currency Act in 2018 to create the SOV, a blockchain-based national digital currency. No income or capital gains tax.

Tax Type None
Tax Type No tax
Tax Rate N/A
Tax Rate 0%
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator Central Bank of Libya
Regulator Banking Commission of the Marshall Islands
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No specific 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
  • Sovereign Currency Act (2018) created SOV digital currency
  • No income or capital gains tax
  • Has been a popular jurisdiction for DAO registration
  • Banking Commission provides oversight
  • Limited domestic crypto adoption
Sources
Sources