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Nauru vs Oman

Crypto regulation comparison

← Back to map | Nauru | Oman
Nauru

Nauru

Oman

Oman

Legal
Legal

Nauru has no specific cryptocurrency regulation.

Oman has moved to regulate cryptocurrency with the Capital Market Authority issuing a Virtual Assets Regulatory Framework in 2023. VASP licensing is being implemented, and Oman has attracted crypto mining operations due to its energy resources. There is no personal income or capital gains tax in Oman.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Command Ridge Virtual Asset Authority (CRVAA)
Regulator CMA (Capital Market Authority of Oman), CBO (Central Bank of Oman)
Stablecoin Rules No stablecoin regulation
Stablecoin Rules Under development within CMSA virtual asset framework
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
Key Points
  • CMA issued the Virtual Assets Regulatory Framework in 2023
  • VASP licensing regime being implemented under CMA oversight
  • No personal income or capital gains tax in Oman
  • Oman has attracted large-scale crypto mining operations leveraging its energy sector
  • CBO has issued warnings but not banned crypto for individuals
Sources
Sources