BTC $66,728.00 (-1.48%)
ETH $1,965.60 (-1.54%)
XRP $1.42 (-4.20%)
BNB $608.61 (-1.33%)
SOL $81.58 (-4.11%)
TRX $0.28 (-0.72%)
DOGE $0.10 (-2.18%)
BCH $556.87 (-1.88%)
ADA $0.27 (-2.57%)
LEO $8.64 (-0.58%)
HYPE $28.67 (-2.36%)
LINK $8.68 (-1.85%)
CC $0.16 (-2.45%)
XMR $322.83 (-3.12%)
XLM $0.16 (-3.44%)
RAIN $0.01 (-1.48%)
ZEC $263.00 (-10.49%)
HBAR $0.10 (-2.54%)
LTC $53.51 (-1.17%)
AVAX $8.89 (-1.87%)

Libya vs Oman

Crypto regulation comparison

← Back to map | Libya | Oman
Libya

Libya

Oman

Oman

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.

Oman has moved to regulate cryptocurrency with the Capital Market Authority issuing a Virtual Assets Regulatory Framework in 2023. VASP licensing is being implemented, and Oman has attracted crypto mining operations due to its energy resources. There is no personal income or capital gains tax in Oman.

Tax Type None
Tax Type None
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 CMA (Capital Market Authority of Oman), CBO (Central Bank of Oman)
Stablecoin Rules No stablecoin regulation
Stablecoin Rules Under development within CMSA virtual asset framework
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
  • CMA issued the Virtual Assets Regulatory Framework in 2023
  • VASP licensing regime being implemented under CMA oversight
  • No personal income or capital gains tax in Oman
  • Oman has attracted large-scale crypto mining operations leveraging its energy sector
  • CBO has issued warnings but not banned crypto for individuals
Sources
Sources