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Libya vs Tonga

Crypto regulation comparison

← Back to map | Libya | Tonga
Libya

Libya

Tonga

Tonga

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.

Tonga has no specific cryptocurrency regulation. There has been legislative interest in adopting Bitcoin as legal tender but no legislation has been enacted.

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 National Reserve Bank of Tonga
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
  • Legislative interest in Bitcoin legal tender discussed
  • National Reserve Bank provides monetary oversight
  • Limited crypto infrastructure
  • No licensing framework for crypto services
Sources
Sources