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Madagascar vs Yemen

Crypto regulation comparison

← Back to map | Madagascar | Yemen
Madagascar

Madagascar

Yemen

Yemen

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.

Yemen has a restrictive environment for cryptocurrency due to ongoing conflict and fragmented governance. The Central Bank has warned against crypto use. International sanctions further restrict access.

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 Yemen
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
  • Ongoing conflict limits regulatory development
  • International sanctions restrict access to crypto platforms
  • No specific cryptocurrency legislation
  • Very limited crypto infrastructure
Sources
Sources