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Libya vs Papua New Guinea

Crypto regulation comparison

← Back to map | Libya | Papua New Guinea
Libya

Libya

Papua New Guinea

Papua New Guinea

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.

Papua New Guinea has no specific cryptocurrency regulation. The central bank has not issued formal guidance on crypto.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator Central Bank of Libya
Regulator Bank of Papua New Guinea
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
  • No specific cryptocurrency legislation
  • Central bank has not issued formal crypto guidance
  • Limited internet and financial infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services
Sources
Sources