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Maldives vs Tuvalu

Crypto regulation comparison

← Back to map | Maldives | Tuvalu
Maldives

Maldives

Tuvalu

Tuvalu

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.

Tuvalu has no specific cryptocurrency regulation. Uses the Australian dollar.

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 National Bank of Tuvalu
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
  • Uses the Australian dollar
  • Very limited financial and internet infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services
Sources
Sources