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San Marino vs Eswatini

Crypto regulation comparison

San Marino

San Marino

Eswatini

Eswatini

Legal
No Regulation

San Marino has developed a regulatory framework for blockchain entities. The country has issued licenses for blockchain-based businesses.

Eswatini has no specific cryptocurrency regulation. The central bank has cautioned about crypto risks but has not banned it.

Tax Type Unclear
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Central Bank of San Marino, AIF (Financial Information Agency)
Regulator Central Bank of Eswatini
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • Delegated Decree on blockchain technology entities issued
  • Licenses issued for blockchain-based businesses
  • AIF provides regulatory oversight
  • Small jurisdiction working to attract blockchain companies
  • Developing comprehensive digital asset regulation
Key Points
  • No specific cryptocurrency legislation
  • Central bank has cautioned about crypto risks
  • Crypto not recognized as legal tender
  • Limited crypto adoption
  • Part of the Common Monetary Area with South Africa