Uganda vs Kosovo
Crypto regulation comparison
Uganda
Kosovo
Restricted
Legal
Uganda restricts cryptocurrency. The Bank of Uganda issued a 2022 circular (NPSD 306) barring licensed payment service providers from facilitating crypto transactions. A 2023 High Court ruling upheld the circular, declaring cryptocurrencies illegal under the National Payment Systems Act 2020. No crypto exchanges are licensed to operate. Informal P2P crypto activity exists despite restrictions.
Kosovo banned crypto mining in 2022 due to energy crisis but crypto trading remains legal. The Central Bank has warned about crypto risks.
Tax Type
None
Tax Type
Income
Tax Rate
N/A
Tax Rate
0-10%
Exchanges
No
Exchanges
Yes
Mining
Yes
Mining
No
Regulator
BOU (Bank of Uganda), CMA Uganda
Regulator
Central Bank of Kosovo
Stablecoin Rules
No regulation
Stablecoin Rules
No specific stablecoin regulation
Key Points
- BOU Circular NPSD 306 (April 2022) bars licensed entities from facilitating crypto
- 2023 High Court ruled cryptocurrencies illegal under National Payment Systems Act 2020
- Growing crypto adoption, particularly for cross-border transactions
- No specific crypto taxation rules
- Financial Intelligence Authority requires VASPs to comply with AML laws
Key Points
- Crypto mining banned in 2022 due to energy crisis
- Crypto trading and holding remain legal
- Central Bank has warned about crypto risks
- Income from crypto subject to taxation
- Growing crypto adoption despite mining ban