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Somalia vs Chad

Crypto regulation comparison

← Back to map | Somalia | Chad
Somalia

Somalia

Chad

Chad

No Regulation
No Regulation

Somalia has no specific cryptocurrency regulation. The fragmented governance structure makes unified regulation extremely difficult. Mobile money dominates the financial landscape.

Chad has no specific cryptocurrency regulation. As a CEMAC member, it falls under BEAC oversight.

Tax Type None
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 Somalia
Regulator BEAC (Bank of Central African States)
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • No specific cryptocurrency legislation
  • Fragmented governance limits regulatory development
  • Mobile money dominates informal financial system
  • Very limited formal financial infrastructure
  • No licensing framework for crypto services
Key Points
  • No specific national cryptocurrency legislation
  • BEAC provides regional monetary oversight
  • Part of the CEMAC monetary zone with the CFA franc
  • Very limited crypto adoption and infrastructure
  • No licensing framework for crypto businesses
Sources
Sources