Tuvalu vs Saint Vincent and the Grenadines
Crypto regulation comparison
Tuvalu
Saint Vincent and the Grenadines
No Regulation
Legal
Tuvalu has no specific cryptocurrency regulation. Uses the Australian dollar.
Saint Vincent and the Grenadines has been a popular jurisdiction for offshore crypto businesses. No income or capital gains tax.
Tax Type
None
Tax Type
No tax
Tax Rate
N/A
Tax Rate
0%
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
National Bank of Tuvalu
Regulator
Eastern Caribbean Central Bank (ECCB), Financial Services Authority
Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
No specific stablecoin regulation
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
Key Points
- Popular jurisdiction for crypto business registration
- No income or capital gains tax
- Financial Services Authority provides oversight
- ECCB provides regional monetary oversight
- Several crypto exchanges have been registered here