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Maldives vs São Tomé and Príncipe

Crypto regulation comparison

← Back to map | Maldives | São Tomé and Príncipe
Maldives

Maldives

São Tomé and Príncipe

São Tomé and Príncipe

Restricted
No Regulation

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.

São Tomé and Príncipe has no specific cryptocurrency regulation.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator Maldives Monetary Authority (MMA)
Regulator Banco Central de São Tomé e Príncipe
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
  • No specific cryptocurrency legislation
  • Central bank has not addressed crypto
  • Very limited financial infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services
Sources
Sources