BTC $67,200.00 (-0.69%)
ETH $1,983.61 (-0.62%)
XRP $1.43 (-3.20%)
BNB $612.01 (-0.43%)
SOL $82.47 (-2.65%)
TRX $0.28 (-0.48%)
DOGE $0.10 (-2.36%)
BCH $562.76 (-0.54%)
ADA $0.28 (-2.01%)
LEO $8.62 (+0.34%)
HYPE $28.91 (-1.91%)
LINK $8.71 (-1.59%)
CC $0.16 (-2.59%)
XMR $327.66 (-3.31%)
XLM $0.16 (-3.48%)
RAIN $0.01 (+1.80%)
ZEC $261.73 (-9.79%)
HBAR $0.10 (-2.07%)
LTC $53.29 (-1.57%)
AVAX $8.90 (-1.80%)

Nepal vs Zimbabwe

Crypto regulation comparison

← Back to map | Nepal | Zimbabwe
Nepal

Nepal

Zimbabwe

Zimbabwe

Banned
Restricted

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.

Zimbabwe has restricted cryptocurrency through its central bank. The RBZ banned financial institutions from processing crypto transactions in 2018. However, in a unique move, the RBZ issued gold-backed digital tokens (ZiG tokens) in 2023 as a store of value. Zimbabwe has a history of currency instability (hyperinflation, currency collapses) which drives informal crypto adoption for hedging and remittances.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges No No
Mining No No
Mining Yes Yes
Regulator NRB (Nepal Rastra Bank)
Regulator RBZ (Reserve Bank of Zimbabwe)
Stablecoin Rules All crypto activities banned
Stablecoin Rules No private stablecoin regulation; RBZ introduced gold-backed ZiG digital token as state currency
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
  • RBZ banned banks and financial institutions from servicing crypto in 2018
  • RBZ issued gold-backed digital tokens (ZiG) in 2023 as a CBDC-like instrument
  • No licensing framework for crypto exchanges
  • Informal crypto adoption driven by currency instability and remittance needs
  • Crypto ownership itself is not explicitly criminalized for individuals
Sources
Sources