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Madagascar vs Syria

Crypto regulation comparison

← Back to map | Madagascar | Syria
Madagascar

Madagascar

Syria

Syria

No Regulation
Banned

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

Syria has a restrictive stance on cryptocurrency compounded by international sanctions. The Central Bank has not authorized crypto activities. International sanctions make access to crypto platforms extremely difficult.

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 Syria
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 not authorized cryptocurrency activities
  • International sanctions severely restrict crypto access
  • No specific cryptocurrency legislation
  • Limited internet infrastructure hampers crypto use
  • Informal crypto usage exists despite restrictions
Sources
Sources