BTC $67,982.00 (+0.08%)
ETH $1,976.02 (+0.61%)
XRP $1.42 (-0.42%)
BNB $622.58 (-0.63%)
SOL $85.11 (+0.97%)
TRX $0.29 (+0.85%)
DOGE $0.10 (-2.76%)
BCH $574.43 (+1.84%)
ADA $0.28 (-1.93%)
LEO $8.16 (-5.06%)
HYPE $29.47 (-2.31%)
LINK $8.86 (-0.08%)
CC $0.16 (+0.38%)
XMR $323.13 (-2.75%)
XLM $0.16 (-3.63%)
RAIN $0.01 (-0.26%)
HBAR $0.10 (-0.39%)
ZEC $254.27 (-2.72%)
LTC $54.75 (-0.71%)
AVAX $9.01 (-1.56%)

Marshall Islands vs Timor-Leste

Crypto regulation comparison

← Back to map | Marshall Islands | Timor-Leste
Marshall Islands

Marshall Islands

Timor-Leste

Timor-Leste

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.

Timor-Leste has no specific cryptocurrency regulation. Uses the US dollar as its official currency.

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 Banco Central de Timor-Leste
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 cryptocurrency legislation
  • Uses the US dollar as official currency
  • Central bank has not addressed crypto regulation
  • Very limited financial infrastructure
  • Minimal crypto adoption
Sources
Sources