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HYPE $28.54 (-1.83%)
LINK $8.60 (-2.97%)
CC $0.16 (-3.36%)
XMR $327.35 (-4.28%)
XLM $0.16 (-4.41%)
RAIN $0.01 (-4.83%)
ZEC $257.12 (-9.58%)
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AVAX $8.84 (-2.85%)

Monaco vs Madagascar

Crypto regulation comparison

← Back to map | Monaco | Madagascar
Monaco

Monaco

Madagascar

Madagascar

Legal
No Regulation

Monaco has no income or capital gains tax. The CCAF oversees financial activities. Monaco has shown interest in blockchain technology and digital assets.

Madagascar has no specific cryptocurrency regulation. The central bank has not issued formal guidance on crypto. Crypto operates in a legal gray area.

Tax Type No tax
Tax Type None
Tax Rate 0%
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Commission de Contrôle des Activités Financières (CCAF)
Regulator Banque Centrale de Madagascar
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • No income or capital gains tax
  • CCAF provides financial regulatory oversight
  • Government has shown interest in blockchain technology
  • Working on digital asset regulatory framework
  • Small but active fintech community
Key Points
  • No specific cryptocurrency legislation
  • Central bank has not issued formal crypto guidance
  • Crypto not recognized as legal tender
  • Limited crypto adoption and infrastructure
  • No licensing framework for crypto businesses
Sources
Sources