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Marshall Islands vs New Caledonia

Crypto regulation comparison

← Back to map | Marshall Islands | New Caledonia
Marshall Islands

Marshall Islands

New Caledonia

New Caledonia

Legal
No Data

The Marshall Islands passed the Sovereign Currency Act in 2018 to create the SOV, a blockchain-based national digital currency. No income or capital gains tax.

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Tax Type No tax
Tax Type Unclear
Tax Rate 0%
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator Banking Commission of the Marshall Islands
Regulator -
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules -
Key Points
  • Sovereign Currency Act (2018) created SOV digital currency
  • No income or capital gains tax
  • Has been a popular jurisdiction for DAO registration
  • Banking Commission provides oversight
  • Limited domestic crypto adoption
Key Points

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Sources
Sources

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