Category: Pre-2024 Worldwide Legislation

As of the period leading up to 2024, Latvia’s regulatory landscape for cryptocurrencies was shaped by a blend of defined and undeveloped regulations. The Latvian authorities, particularly the Bank of Latvia and the State Revenue Service, considered cryptocurrency as a contractual means of payment, but not as legal tender...

Rwanda’s approach to cryptocurrencies prior to 2024 presented a unique picture of cautious observation, absence of specific regulatory frameworks, and an emerging interest in the potential applications of digital currencies and blockchain technology. Legal Status of Cryptocurrencies in Rwanda Rwanda did not consider cryptocurrencies as legal tender. The National...

As we approach 2024, the legislative landscape for cryptocurrencies in Cameroon reflects a transition from an initial cautious stance to a more structured and regulatory approach. This shift indicates Cameroon’s evolving perspective on cryptocurrencies within the broader context of the Economic and Monetary Community of Central African States (CEMAC)....

Mali’s approach to the regulation of cryptocurrencies prior to 2023 reflects the broader trends and challenges faced by many African nations in integrating digital currencies into their financial systems. The legislative landscape in Mali for cryptocurrencies was, during this period, largely undefined, characterized by a lack of specific regulations...

Thailand’s approach to cryptocurrency regulation before 2023 is a compelling example of how a rapidly developing economy navigated the challenges and opportunities presented by digital finance. Known for its dynamic financial markets and technological innovation, Thailand’s regulatory framework for cryptocurrencies reflects a blend of progressive policymaking and cautious oversight....

The legislative environment for cryptocurrencies in Somalia leading up to 2023 was characterized by a notable lack of regulation and a general caution advised by the Central Bank of Somalia. This article explores the key elements of Somalia’s approach to cryptocurrency regulation during this period. Ambiguous Legal Status and...

Angola’s approach to cryptocurrencies prior to 2024 was marked by caution and a lack of formal regulation, reflecting the country’s tentative stance towards this emerging financial technology. Initially, the Angolan government and the Central Bank did not issue any formal regulations or guidance on the legality and usage of...

As of the years leading up to 2024, the legislative landscape for cryptocurrencies in Samoa reflected a cautious approach by the authorities, marked by a lack of specific regulations but also a growing interest among the population. Legal Status of Cryptocurrencies In Samoa, cryptocurrencies were not considered legal tender,...

Chile’s approach to cryptocurrency regulation prior to 2024 showcases a progressive adaptation to the evolving digital financial landscape, with significant developments in legal frameworks and regulatory guidelines. Enactment of the Fintech Law A major step in regulating cryptocurrencies in Chile was the enactment of Law No. 21.521, known as...

Slovenia, with its liberal stance towards digital currencies, presents a unique and evolving landscape for the regulation and use of cryptocurrencies. The country’s approach reflects a balance between embracing technological innovation and ensuring regulatory compliance to mitigate risks associated with digital assets. Legal Status and Regulatory Framework Cryptocurrencies, including...