Madagascar vs São Tomé and Príncipe
Crypto regulation comparison
Madagascar
São Tomé and Príncipe
No Regulation
No Regulation
Madagascar has no specific cryptocurrency regulation. The central bank has not issued formal guidance on crypto. Crypto operates in a legal gray area.
São Tomé and Príncipe has no specific cryptocurrency regulation.
Tax Type
None
Tax Type
None
Tax Rate
N/A
Tax Rate
N/A
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
Banque Centrale de Madagascar
Regulator
Banco Central de São Tomé e Príncipe
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
- No specific cryptocurrency legislation
- Central bank has not addressed crypto
- Very limited financial infrastructure
- Minimal crypto adoption
- No licensing framework for crypto services