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Oman vs Puerto Rico

Crypto regulation comparison

Oman

Oman

Puerto Rico

Puerto Rico

Legal
No Data

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.

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Tax Type None
Tax Type Unclear
Tax Rate 0%
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator CMA (Capital Market Authority of Oman), CBO (Central Bank of Oman)
Regulator -
Stablecoin Rules Under development within CMSA virtual asset framework
Stablecoin Rules -
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
Key Points

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Sources

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