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Montenegro vs Malawi

Crypto regulation comparison

Montenegro

Montenegro

Malawi

Malawi

Legal
No Regulation

Montenegro has no specific crypto law but crypto is not prohibited. Working toward EU candidacy and potential MiCA alignment. Capital gains taxed under general provisions.

Malawi has no specific cryptocurrency regulation. The Reserve Bank of Malawi has issued warnings about crypto risks but has not banned it.

Tax Type Capital gains
Tax Type None
Tax Rate 9-15%
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Central Bank of Montenegro, Capital Market Authority
Regulator Reserve Bank of Malawi
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • No specific cryptocurrency legislation but crypto is legal
  • Working toward EU candidacy and MiCA alignment
  • Capital gains on crypto taxed at 9-15%
  • Central Bank has acknowledged crypto without banning it
  • Growing interest in crypto-friendly policies
Key Points
  • No specific cryptocurrency legislation
  • Reserve Bank of Malawi warns about crypto risks
  • Crypto not recognized as legal tender
  • Limited crypto infrastructure and adoption
  • No licensing framework for crypto services