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Nicaragua vs Togo

Crypto regulation comparison

← Back to map | Nicaragua | Togo
Nicaragua

Nicaragua

Togo

Togo

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.

Togo has no specific cryptocurrency regulation. As a WAEMU member, it falls under BCEAO oversight.

Tax Type Capital gains
Tax Type None
Tax Rate 15%
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Banco Central de Nicaragua (BCN)
Regulator BCEAO (Central Bank of West African States)
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 national cryptocurrency legislation
  • BCEAO provides regional monetary oversight
  • Part of the WAEMU monetary zone using the CFA franc
  • Limited crypto adoption
  • No licensing framework for crypto businesses
Sources
Sources