Seychelles vs South Sudan

Crypto regulation comparison

← Back to map | Seychelles | South Sudan
Seychelles

Seychelles

South Sudan

South Sudan

Legal
No Regulation

The VASP Act 2024 effective Sept 2024 establishes FSA as regulator for virtual asset service providers. Exchanges require licensing. Mining and mixer/tumbler services are prohibited in Seychelles.

South Sudan has no specific cryptocurrency regulation. Political instability and very limited infrastructure make crypto regulation a non-priority.

Tax Type No tax
Tax Type None
Tax Rate 0%
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator Financial Services Authority (FSA)
Regulator Bank of South Sudan
Stablecoin Rules Regulated under VASP Act 2024
Stablecoin Rules No stablecoin regulation
Key Points
  • VASP Act 2024 enacted Aug 30, effective Sept 1, 2024
  • FSA licenses and supervises all virtual asset service providers
  • Mining facilities and mixer/tumbler services prohibited
  • VASPs must maintain local office and resident director
  • Licensed IBC VASPs taxed at 1.5% on assessable income
Key Points
  • No specific cryptocurrency legislation
  • Political instability limits regulatory development
  • Very limited internet and financial infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services
Sources
Sources