Category: Guinea-Bissau

The landscape of cryptocurrency regulation in Guinea-Bissau in 2024 presents a picture of a nation cautiously navigating the complexities of digital finance. Guinea-Bissau, a small country in West Africa, is in the process of exploring the potential benefits and risks associated with cryptocurrencies, reflecting a broader trend in the...

Prior to 2024, Guinea-Bissau’s stance on cryptocurrencies was marked by a significant lack of specific legal frameworks and regulations. In this West African nation, the legality of cryptocurrencies like Bitcoin, Ethereum, Litecoin, Dogecoin, Tether, Cardano, USDT, XRP, and Monero was not explicitly defined by law. This absence of specific...