San Marino vs Tuvalu
Crypto regulation comparison
San Marino
Tuvalu
Legal
No Regulation
San Marino has developed a regulatory framework for blockchain entities. The country has issued licenses for blockchain-based businesses.
Tuvalu has no specific cryptocurrency regulation. Uses the Australian dollar.
Tax Type
Unclear
Tax Type
None
Tax Rate
N/A
Tax Rate
N/A
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
Central Bank of San Marino, AIF (Financial Information Agency)
Regulator
National Bank of Tuvalu
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
- Uses the Australian dollar
- Very limited financial and internet infrastructure
- Minimal crypto adoption
- No licensing framework for crypto services