BTC $67,115.00 (-0.89%)
ETH $1,975.88 (-1.11%)
XRP $1.42 (-3.89%)
BNB $610.96 (-0.90%)
SOL $82.25 (-3.25%)
TRX $0.28 (-0.43%)
DOGE $0.10 (-2.85%)
BCH $559.65 (-0.86%)
ADA $0.28 (-2.34%)
LEO $8.65 (-0.21%)
HYPE $28.70 (-2.34%)
LINK $8.69 (-1.96%)
CC $0.16 (-2.54%)
XMR $327.11 (-3.04%)
XLM $0.16 (-3.36%)
RAIN $0.01 (+1.12%)
ZEC $262.31 (-10.20%)
HBAR $0.10 (-2.89%)
LTC $53.32 (-1.64%)
AVAX $8.90 (-1.69%)

Monaco vs Marshall Islands

Crypto regulation comparison

Monaco

Monaco

Marshall Islands

Marshall Islands

Legal
Legal

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

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 No tax
Tax Type No tax
Tax Rate 0%
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Commission de Contrôle des Activités Financières (CCAF)
Regulator Banking Commission of the Marshall Islands
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules No specific 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
  • 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