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Madagascar vs Sudan

Crypto regulation comparison

Madagascar

Madagascar

Sudan

Sudan

No Regulation
Restricted

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

Sudan has a restrictive financial environment compounded by political instability and historical international sanctions. The central bank has warned against crypto use.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator Banque Centrale de Madagascar
Regulator Central Bank of Sudan
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No stablecoin regulation
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
  • Central bank has warned against cryptocurrency use
  • Political instability and conflict limit regulatory development
  • Historical international sanctions restrict financial access
  • No specific cryptocurrency legislation
  • Very limited crypto infrastructure