Nicaragua vs Solomon Islands
Crypto regulation comparison
Nicaragua
Solomon Islands
Legal
No Regulation
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.
Solomon Islands 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
Central Bank of Solomon Islands
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
- Central bank has not addressed crypto regulation
- Very limited internet infrastructure
- Minimal crypto adoption
- No licensing framework for crypto services