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Marshall Islands vs Togo

Crypto regulation comparison

← Back to map | Marshall Islands | Togo
Marshall Islands

Marshall Islands

Togo

Togo

Legal
No Regulation

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.

Togo has no specific cryptocurrency regulation. As a WAEMU member, it falls under BCEAO oversight.

Tax Type No tax
Tax Type None
Tax Rate 0%
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Banking Commission of the Marshall Islands
Regulator BCEAO (Central Bank of West African States)
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules No stablecoin regulation
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
  • No specific national cryptocurrency legislation
  • BCEAO provides regional monetary oversight
  • Part of the WAEMU monetary zone using the CFA franc
  • Limited crypto adoption
  • No licensing framework for crypto businesses
Sources
Sources