Sierra Leone vs Togo
Crypto regulation comparison
Sierra Leone
Togo
No Regulation
No Regulation
Sierra Leone has no specific cryptocurrency regulation. The central bank has not issued formal guidance on crypto.
Togo has no specific cryptocurrency regulation. As a WAEMU member, it falls under BCEAO oversight.
Tax Type
None
Tax Type
None
Tax Rate
N/A
Tax Rate
N/A
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
Bank of Sierra Leone
Regulator
BCEAO (Central Bank of West African States)
Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
No stablecoin regulation
Key Points
- No specific cryptocurrency legislation
- Central bank has not issued formal crypto guidance
- Limited financial infrastructure
- Minimal crypto adoption
- No licensing framework for crypto services
Key Points
- No specific national cryptocurrency legislation
- BCEAO provides regional monetary oversight
- Part of the WAEMU monetary zone using the CFA franc
- Limited crypto adoption
- No licensing framework for crypto businesses