Category: Africa

As of the period leading up to 2023, the legislative landscape for cryptocurrencies in Cabo Verde (Cape Verde) remained largely undefined, characterized by a lack of specific laws or regulatory frameworks governing the use, trading, or mining of digital currencies. Absence of Explicit Cryptocurrency Laws: There were no explicit...

As of the end of 2022, the legislative landscape for cryptocurrencies in Sao Tome and Principe remained largely undeveloped, characterized by a notable absence of specific laws or regulations governing the use, trading, or mining of digital currencies. This situation reflects a broader trend in many countries, particularly those...

Before 2023, the Central African Republic (CAR) took a significant step in the regulation of cryptocurrencies, distinguishing itself as a notable example in the African and global context. Adoption of Crypto Assets as Legal Tender: On April 22, 2022, the CAR Parliament adopted Law n°22.004, a groundbreaking legislation that...

As Seychelles, an archipelago in the western Indian Ocean, gradually emerged as a noteworthy player in the crypto asset space, its legal framework for regulating these digital assets, including Initial Coin Offerings (ICOs), was still in development stages. The regulatory environment for crypto assets was relatively lenient, with ICOs...

As of the period leading up to 2023, the legislative landscape for cryptocurrencies in Comoros was characterized by a notable absence of specific laws or regulatory frameworks governing the use, trading, or mining of digital currencies. Absence of Specific Cryptocurrency Laws: In Comoros, there was no specific law that...

Initial Skepticism and Caution In the early stages, the regulatory approach to cryptocurrencies in Tanzania was marked by skepticism and caution. In 2017, the Director of National Payment Systems of the Bank of Tanzania (BoT) declared that crypto assets were not recognized in the country. This stance was a...

As of the period leading up to 2023, the legislative landscape for cryptocurrencies in Equatorial Guinea was marked by a significant lack of specific laws or regulations governing the sector. Legal Status of Cryptocurrencies: Cryptocurrencies were not illegal in Equatorial Guinea, but they were not officially recognized as legal...