Moldova vs Maldives
Crypto regulation comparison
Moldova
Maldives
No Regulation
Restricted
Moldova currently has no specific cryptocurrency legislation. The National Bank warns that virtual currencies are unregulated and user funds are not protected. Ownership and trading are legal but use as payment is prohibited. Moldova plans to introduce its first crypto law by 2026, aligned with EU MiCA regulation, including a 12% tax on crypto profits.
The Maldives Monetary Authority has warned against cryptocurrency and does not recognize it as legal tender. No specific legislation exists but the MMA discourages crypto activities.
Tax Type
Income
Tax Type
None
Tax Rate
12% (planned)
Tax Rate
N/A
Exchanges
Yes
Exchanges
No
Mining
Yes
Mining
No
Regulator
National Bank of Moldova
Regulator
Maldives Monetary Authority (MMA)
Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
No stablecoin regulation
Key Points
- Virtual currencies not regulated; user funds not protected per NBM warning
- Ownership and trading legal; use as payment prohibited
- First crypto law planned by 2026, aligned with EU MiCA regulation
- Planned 12% tax on crypto transaction profits
- Law being drafted jointly by Finance Ministry, NBM, and AML authority
Key Points
- MMA has warned against cryptocurrency use
- Crypto not recognized as legal tender
- No specific cryptocurrency legislation
- Financial institutions discouraged from dealing in crypto
- Limited crypto adoption