Timor-Leste vs Tuvalu
Crypto regulation comparison
Timor-Leste
Tuvalu
No Regulation
No Regulation
Timor-Leste has no specific cryptocurrency regulation. Uses the US dollar as its official currency.
Tuvalu has no specific cryptocurrency regulation. Uses the Australian dollar.
Tax Type
None
Tax Type
None
Tax Rate
N/A
Tax Rate
N/A
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
Banco Central de Timor-Leste
Regulator
National Bank of Tuvalu
Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
No stablecoin regulation
Key Points
- No specific cryptocurrency legislation
- Uses the US dollar as official currency
- Central bank has not addressed crypto regulation
- Very limited financial infrastructure
- Minimal crypto adoption
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