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Madagascar vs Oman

Crypto regulation comparison

← Back to map | Madagascar | Oman
Madagascar

Madagascar

Oman

Oman

No Regulation
Legal

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

Oman has moved to regulate cryptocurrency with the Capital Market Authority issuing a Virtual Assets Regulatory Framework in 2023. VASP licensing is being implemented, and Oman has attracted crypto mining operations due to its energy resources. There is no personal income or capital gains tax in Oman.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Banque Centrale de Madagascar
Regulator CMA (Capital Market Authority of Oman), CBO (Central Bank of Oman)
Stablecoin Rules No stablecoin regulation
Stablecoin Rules Under development within CMSA virtual asset framework
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
Key Points
  • CMA issued the Virtual Assets Regulatory Framework in 2023
  • VASP licensing regime being implemented under CMA oversight
  • No personal income or capital gains tax in Oman
  • Oman has attracted large-scale crypto mining operations leveraging its energy sector
  • CBO has issued warnings but not banned crypto for individuals
Sources
Sources