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Syria vs Tonga

Crypto regulation comparison

← Back to map | Syria | Tonga
Syria

Syria

Tonga

Tonga

Banned
No Regulation

Syria has a restrictive stance on cryptocurrency compounded by international sanctions. The Central Bank has not authorized crypto activities. International sanctions make access to crypto platforms extremely difficult.

Tonga has no specific cryptocurrency regulation. There has been legislative interest in adopting Bitcoin as legal tender but no legislation has been enacted.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator Central Bank of Syria
Regulator National Reserve Bank of Tonga
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • Central Bank has not authorized cryptocurrency activities
  • International sanctions severely restrict crypto access
  • No specific cryptocurrency legislation
  • Limited internet infrastructure hampers crypto use
  • Informal crypto usage exists despite restrictions
Key Points
  • No specific cryptocurrency legislation
  • Legislative interest in Bitcoin legal tender discussed
  • National Reserve Bank provides monetary oversight
  • Limited crypto infrastructure
  • No licensing framework for crypto services
Sources
Sources