Somalia vs Tunisia
Crypto regulation comparison
Somalia
Tunisia
No Regulation
Restricted
Somalia has no specific cryptocurrency regulation. The fragmented governance structure makes unified regulation extremely difficult. Mobile money dominates the financial landscape.
Tunisia restricts cryptocurrency activities. The Central Bank of Tunisia has not authorized any crypto exchanges, and foreign exchange regulations effectively prohibit crypto transactions. Tunisia's strict capital controls make legal crypto trading very difficult. Despite restrictions, some Tunisians access crypto via P2P platforms and VPNs.
Tax Type
None
Tax Type
None
Tax Rate
N/A
Tax Rate
N/A
Exchanges
Yes
Exchanges
No
Mining
Yes
Mining
No
Regulator
Central Bank of Somalia
Regulator
BCT (Banque Centrale de Tunisie)
Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
No regulation; crypto activities restricted
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
- BCT has not authorized or licensed any crypto exchanges
- Foreign exchange regulations effectively prohibit crypto transactions
- Strict capital controls limit the ability to legally purchase crypto
- No specific crypto legislation — restrictions stem from existing financial laws
- Some informal P2P crypto activity exists despite restrictions