Nicaragua vs Nauru
Crypto regulation comparison
Nicaragua
Nauru
Legal
Legal
Nicaragua regulates virtual assets under Law 1072 (2021) and BCN resolution CD-BCN-XXV-1-22 (2022). VASPs must be licensed by BCN. Crypto gains taxed at 15% capital gains rate.
Nauru has no specific cryptocurrency regulation.
Tax Type
Capital gains
Tax Type
None
Tax Rate
15%
Tax Rate
N/A
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
Banco Central de Nicaragua (BCN)
Regulator
Command Ridge Virtual Asset Authority (CRVAA)
Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
No stablecoin regulation
Key Points
- Law 1072 (2021) defines virtual assets and regulates VASPs
- BCN is designated as the licensing and supervisory authority
- Banks are legally permitted to offer virtual asset services
- Capital gains taxed at 15% on crypto profits
- Government monitors virtual transactions exceeding ,000 since 2025
Key Points
- No specific cryptocurrency legislation
- Very limited financial infrastructure
- Minimal crypto adoption
- One of the world's smallest economies
- No licensing framework for crypto services