Timor-Leste vs Samoa
Crypto regulation comparison
Timor-Leste
Samoa
No Regulation
No Regulation
Timor-Leste has no specific cryptocurrency regulation. Uses the US dollar as its official currency.
Samoa has no specific cryptocurrency regulation. The central bank has cautioned about crypto risks.
Tax Type
None
Tax Type
Unclear
Tax Rate
N/A
Tax Rate
N/A
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
Banco Central de Timor-Leste
Regulator
Central Bank of Samoa
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
- Central bank has cautioned about crypto risks
- Crypto not recognized as legal tender
- Limited crypto adoption
- No licensing framework for crypto services