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Pakistan vs Tuvalu

Crypto regulation comparison

Pakistan

Pakistan

Tuvalu

Tuvalu

Restricted
No Regulation

Pakistan has a hostile regulatory environment for cryptocurrency. The State Bank of Pakistan has prohibited financial institutions from facilitating crypto transactions, and the government has considered outright bans. Despite this, Pakistan has high informal crypto adoption, ranking among the top countries for P2P crypto volume. The SECP has explored blockchain regulation but no licensing framework exists for exchanges.

Tuvalu has no specific cryptocurrency regulation. Uses the Australian dollar.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator SBP (State Bank of Pakistan), SECP
Regulator National Bank of Tuvalu
Stablecoin Rules No regulation; SBP has not authorized any crypto activities
Stablecoin Rules No stablecoin regulation
Key Points
  • SBP prohibits banks and financial institutions from processing crypto transactions
  • No licensing framework for crypto exchanges; operating informally is risky
  • High P2P crypto adoption despite regulatory hostility
  • Government has considered formal banning legislation multiple times
  • SECP has explored digital asset regulation but no framework enacted
Key Points
  • No specific cryptocurrency legislation
  • Uses the Australian dollar
  • Very limited financial and internet infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services