BTC $66,355.00 (-1.96%)
ETH $1,943.48 (-2.89%)
XRP $1.42 (-3.96%)
BNB $604.04 (-2.39%)
SOL $81.22 (-4.69%)
TRX $0.28 (-1.23%)
DOGE $0.10 (-2.38%)
BCH $553.78 (-2.27%)
ADA $0.27 (-3.14%)
LEO $8.52 (-1.88%)
HYPE $28.33 (-5.05%)
CC $0.17 (+0.55%)
LINK $8.55 (-3.61%)
XMR $325.95 (-3.15%)
XLM $0.16 (-3.29%)
RAIN $0.01 (-3.54%)
ZEC $263.62 (-8.68%)
HBAR $0.10 (-2.68%)
LTC $53.09 (-2.07%)
AVAX $8.83 (-3.72%)

Mauritius vs Zimbabwe

Crypto regulation comparison

← Back to map | Mauritius | Zimbabwe
Mauritius

Mauritius

Zimbabwe

Zimbabwe

Legal
Restricted

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.

Zimbabwe has restricted cryptocurrency through its central bank. The RBZ banned financial institutions from processing crypto transactions in 2018. However, in a unique move, the RBZ issued gold-backed digital tokens (ZiG tokens) in 2023 as a store of value. Zimbabwe has a history of currency instability (hyperinflation, currency collapses) which drives informal crypto adoption for hedging and remittances.

Tax Type Income
Tax Type None
Tax Rate 15%
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining Yes Yes
Regulator FSC (Financial Services Commission)
Regulator RBZ (Reserve Bank of Zimbabwe)
Stablecoin Rules Virtual assets regulated under FSC framework
Stablecoin Rules No private stablecoin regulation; RBZ introduced gold-backed ZiG digital token as state currency
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
  • RBZ banned banks and financial institutions from servicing crypto in 2018
  • RBZ issued gold-backed digital tokens (ZiG) in 2023 as a CBDC-like instrument
  • No licensing framework for crypto exchanges
  • Informal crypto adoption driven by currency instability and remittance needs
  • Crypto ownership itself is not explicitly criminalized for individuals
Sources
Sources