Nepal vs Kosovo
Crypto regulation comparison
Nepal
Kosovo
Banned
Legal
Nepal has banned cryptocurrency trading, mining, and transactions. The Nepal Rastra Bank declared crypto trading illegal in 2017, and the Nepal Telecommunications Authority has been directed to block crypto exchange websites. Law enforcement has arrested individuals for operating crypto exchanges. Despite the ban, some citizens use VPNs to access crypto.
Kosovo banned crypto mining in 2022 due to energy crisis but crypto trading remains legal. The Central Bank has warned about crypto risks.
Tax Type
None
Tax Type
Income
Tax Rate
N/A
Tax Rate
0-10%
Exchanges
No
Exchanges
Yes
Mining
No
Mining
No
Regulator
NRB (Nepal Rastra Bank)
Regulator
Central Bank of Kosovo
Stablecoin Rules
All crypto activities banned
Stablecoin Rules
No specific stablecoin regulation
Key Points
- NRB declared all crypto trading and transactions illegal in 2017
- Mining cryptocurrency is also prohibited
- NTA directed to block access to crypto exchange websites
- Arrests have been made for operating crypto trading platforms
- NRB exploring a central bank digital currency (CBDC) as an alternative
Key Points
- Crypto mining banned in 2022 due to energy crisis
- Crypto trading and holding remain legal
- Central Bank has warned about crypto risks
- Income from crypto subject to taxation
- Growing crypto adoption despite mining ban