Palau vs Tuvalu
Crypto regulation comparison
Palau
Tuvalu
Legal
No Regulation
Palau has explored blockchain technology and launched a stablecoin program in partnership with Ripple. No income or capital gains tax.
Tuvalu has no specific cryptocurrency regulation. Uses the Australian dollar.
Tax Type
No tax
Tax Type
None
Tax Rate
0%
Tax Rate
N/A
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
Financial Institutions Commission
Regulator
National Bank of Tuvalu
Stablecoin Rules
No specific stablecoin regulation
Stablecoin Rules
No stablecoin regulation
Key Points
- Exploring national stablecoin in partnership with Ripple
- No income or capital gains tax
- Uses the US dollar as official currency
- Small but forward-looking approach to digital assets
- Limited domestic crypto infrastructure
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