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Malawi vs San Marino

Crypto regulation comparison

Malawi

Malawi

San Marino

San Marino

No Regulation
Legal

Malawi has no specific cryptocurrency regulation. The Reserve Bank of Malawi has issued warnings about crypto risks but has not banned it.

San Marino has developed a regulatory framework for blockchain entities. The country has issued licenses for blockchain-based businesses.

Tax Type None
Tax Type Unclear
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Reserve Bank of Malawi
Regulator Central Bank of San Marino, AIF (Financial Information Agency)
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No specific stablecoin regulation
Key Points
  • No specific cryptocurrency legislation
  • Reserve Bank of Malawi warns about crypto risks
  • Crypto not recognized as legal tender
  • Limited crypto infrastructure and adoption
  • No licensing framework for crypto services
Key Points
  • Delegated Decree on blockchain technology entities issued
  • Licenses issued for blockchain-based businesses
  • AIF provides regulatory oversight
  • Small jurisdiction working to attract blockchain companies
  • Developing comprehensive digital asset regulation