North Macedonia vs Papua New Guinea
Crypto regulation comparison
North Macedonia
Papua New Guinea
Legal
No Regulation
North Macedonia has no dedicated cryptocurrency legislation. Crypto is not prohibited and operates in a regulatory gray area. The general flat 10% income tax rate may apply to crypto profits. The government is working toward EU MiCA alignment and plans to license crypto exchanges by 2025-2026.
Papua New Guinea has no specific cryptocurrency regulation. The central bank has not issued formal guidance on crypto.
Tax Type
Income
Tax Type
None
Tax Rate
10%
Tax Rate
N/A
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
National Bank of the Republic of North Macedonia
Regulator
Bank of Papua New Guinea
Stablecoin Rules
No specific stablecoin regulation
Stablecoin Rules
No stablecoin regulation
Key Points
- No dedicated cryptocurrency legislation
- Central bank has acknowledged crypto without banning it
- General flat 10% personal income tax rate may apply to crypto profits
- Government working toward licensing crypto exchanges by 2025-2026
- Working toward EU candidacy and alignment with MiCA regulation
Key Points
- No specific cryptocurrency legislation
- Central bank has not issued formal crypto guidance
- Limited internet and financial infrastructure
- Minimal crypto adoption
- No licensing framework for crypto services