Madagascar vs Tunisia
Crypto regulation comparison
Madagascar
Tunisia
Madagascar has no specific cryptocurrency regulation. The central bank has not issued formal guidance on crypto. Crypto operates in a legal gray area.
Tunisia restricts cryptocurrency activities. The Central Bank of Tunisia has not authorized any crypto exchanges, and foreign exchange regulations effectively prohibit crypto transactions. Tunisia's strict capital controls make legal crypto trading very difficult. Despite restrictions, some Tunisians access crypto via P2P platforms and VPNs.
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
- BCT has not authorized or licensed any crypto exchanges
- Foreign exchange regulations effectively prohibit crypto transactions
- Strict capital controls limit the ability to legally purchase crypto
- No specific crypto legislation — restrictions stem from existing financial laws
- Some informal P2P crypto activity exists despite restrictions