Mauritania vs San Marino
Crypto regulation comparison
Mauritania
San Marino
Restricted
Legal
Mauritania has a restrictive stance on cryptocurrency. Islamic finance principles influence the financial regulatory approach. The central bank has warned against crypto use.
San Marino has developed a regulatory framework for blockchain entities. The country has issued licenses for blockchain-based businesses.
Tax Type
None
Tax Type
Unclear
Tax Rate
N/A
Tax Rate
N/A
Exchanges
No
Exchanges
Yes
Mining
No
Mining
Yes
Regulator
Banque Centrale de Mauritanie
Regulator
Central Bank of San Marino, AIF (Financial Information Agency)
Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
No specific stablecoin regulation
Key Points
- Central bank has warned against cryptocurrency use
- Islamic finance principles influence regulatory approach
- No specific cryptocurrency legislation
- Limited crypto infrastructure
- Financial institutions discouraged from dealing in crypto
Key Points
- Delegated Decree on blockchain technology entities issued
- Licenses issued for blockchain-based businesses
- AIF provides regulatory oversight
- Small jurisdiction working to attract blockchain companies
- Developing comprehensive digital asset regulation