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San Marino vs Togo

Crypto regulation comparison

← Back to map | San Marino | Togo
San Marino

San Marino

Togo

Togo

Legal
No Regulation

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

Togo has no specific cryptocurrency regulation. As a WAEMU member, it falls under BCEAO oversight.

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 BCEAO (Central Bank of West African States)
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 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
Sources
Sources