BTC $66,839.00 (-1.04%)
ETH $1,968.88 (-1.39%)
XRP $1.43 (-3.59%)
BNB $607.06 (-1.88%)
SOL $81.78 (-3.72%)
TRX $0.28 (-0.39%)
DOGE $0.10 (-2.60%)
BCH $556.87 (-0.97%)
ADA $0.27 (-3.02%)
LEO $8.60 (-0.93%)
HYPE $28.58 (-2.61%)
LINK $8.67 (-2.50%)
CC $0.16 (-3.01%)
XMR $327.43 (-1.56%)
XLM $0.16 (-2.81%)
RAIN $0.01 (-1.41%)
ZEC $264.03 (-10.95%)
HBAR $0.10 (-2.53%)
LTC $53.50 (-1.37%)
AVAX $8.91 (-2.28%)

Mauritius vs Timor-Leste

Crypto regulation comparison

Mauritius

Mauritius

Timor-Leste

Timor-Leste

Legal
No Regulation

Mauritius has developed a regulatory framework for virtual assets through the Financial Services Commission. The Virtual Asset and Initial Token Offering Services Act 2021 (VAITOS Act) provides licensing for VASPs. Mauritius positions itself as a fintech-friendly jurisdiction in Africa with a flat 15% income tax rate applicable to crypto income.

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

Tax Type Income
Tax Type None
Tax Rate 15%
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator FSC (Financial Services Commission)
Regulator Banco Central de Timor-Leste
Stablecoin Rules Virtual assets regulated under FSC framework
Stablecoin Rules No stablecoin regulation
Key Points
  • VAITOS Act 2021 provides comprehensive licensing for VASPs
  • FSC issues Class M (custodian), Class O (exchange), Class R (advisory) licenses
  • Flat 15% income tax rate applies to crypto income
  • No separate capital gains tax; gains may be treated as income
  • Mauritius is a member of FATF and complies with international AML standards
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