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Maldives vs Sudan

Crypto regulation comparison

Maldives

Maldives

Sudan

Sudan

Restricted
Restricted

The Maldives Monetary Authority has warned against cryptocurrency and does not recognize it as legal tender. No specific legislation exists but the MMA discourages crypto activities.

Sudan has a restrictive financial environment compounded by political instability and historical international sanctions. The central bank has warned against crypto use.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges No No
Mining No No
Mining No No
Regulator Maldives Monetary Authority (MMA)
Regulator Central Bank of Sudan
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • MMA has warned against cryptocurrency use
  • Crypto not recognized as legal tender
  • No specific cryptocurrency legislation
  • Financial institutions discouraged from dealing in crypto
  • Limited crypto adoption
Key Points
  • Central bank has warned against cryptocurrency use
  • Political instability and conflict limit regulatory development
  • Historical international sanctions restrict financial access
  • No specific cryptocurrency legislation
  • Very limited crypto infrastructure