Category: Tonga

In 2024, the cryptocurrency legislation landscape in Tonga reflects the small island nation’s efforts to navigate the rapidly evolving world of digital finance. As a country exploring the potential benefits of blockchain technology and cryptocurrencies, Tonga’s approach to regulation is marked by a desire to foster innovation while ensuring...

Absence of Specific Cryptocurrency Regulations As of the end of 2022, Tonga did not have specific laws or regulations that prohibited the use of cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Dogecoin, Tether, Cardano, USDT, XRP, and Monero. However, the country lacked comprehensive legislation governing the use and trading of...