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Maldives vs Togo

Crypto regulation comparison

← Back to map | Maldives | Togo
Maldives

Maldives

Togo

Togo

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.

Togo has no specific cryptocurrency regulation. As a WAEMU member, it falls under BCEAO oversight.

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 BCEAO (Central Bank of West African States)
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 national cryptocurrency legislation
  • BCEAO provides regional monetary oversight
  • Part of the WAEMU monetary zone using the CFA franc
  • Limited crypto adoption
  • No licensing framework for crypto businesses
Sources
Sources