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Maldives vs Samoa

Crypto regulation comparison

Maldives

Maldives

Samoa

Samoa

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.

Samoa has no specific cryptocurrency regulation. The central bank has cautioned about crypto risks.

Tax Type None
Tax Type Unclear
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 Central Bank of Samoa
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 cautioned about crypto risks
  • Crypto not recognized as legal tender
  • Limited crypto adoption
  • No licensing framework for crypto services