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San Marino vs Tajikistan

Crypto regulation comparison

San Marino

San Marino

Tajikistan

Tajikistan

Legal
Restricted

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

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 Unclear
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator Central Bank of San Marino, AIF (Financial Information Agency)
Regulator National Bank of Tajikistan
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
  • 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