Seychelles vs Tajikistan
Crypto regulation comparison
Seychelles
Tajikistan
Legal
Restricted
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.
Tajikistan has restricted cryptocurrency activities. The National Bank has warned against crypto use and financial institutions are prohibited from dealing in digital currencies.
Tax Type
No tax
Tax Type
None
Tax Rate
0%
Tax Rate
N/A
Exchanges
Yes
Exchanges
No
Mining
No
Mining
No
Regulator
Financial Services Authority (FSA)
Regulator
National Bank of Tajikistan
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
- National Bank has warned against cryptocurrency use
- Financial institutions prohibited from dealing in crypto
- No specific comprehensive crypto legislation
- Crypto not recognized as legal tender
- Limited crypto infrastructure