Andorra has a clear legal framework for digital assets, governed primarily by the Law on Digital Assets (2022). The Autoritat Financera Andorrana actively publishes regulatory updates and maintains financial stability.
| Status | Legal |
| Risk Score | 25/100 (Low Risk) |
| Region | europe |
| Currency | EUR |
| VAT on Crypto | No |
| Required | Yes |
| Regulator | AFA |
| Framework | Law on Digital Assets (2022) |
| Ease | medium |
| Cost (USD) | $30,000 - $150,000 |
Licensing is required under the 2022 law, with a medium level of difficulty to obtain authorization from the Autoritat Financera Andorrana.
Enforcement focused on unlicensed operators and consumer protection
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | Yes |
| FATF Status | compliant |
| FATF Body | FATF |
| Suspicious-Activity Reporting | Yes |
Status: regulated
DeFi activities are regulated under the digital assets framework, requiring compliance with AML and licensing rules.
Status: regulated
Stablecoins are regulated under the Law on Digital Assets with specific compliance requirements.
Status: no_rules
No specific NFT regulation
| Legal | Yes |
| Electricity Cost | $0.14/kWh |
| Renewable Energy | 30% |
| Infrastructure | good |
Mining is legal with moderate electricity costs and a temperate climate favorable for operations.
| Stability | stable |
| Sanctions | No |
| Corruption Index | 70/100 |
| Banking Access | open |
| Sanctions Program Active | No |
Andorra is politically stable with no international sanctions. It has a relatively clean governance environment and favorable conditions for crypto business.
Andorra has a clear legal framework for digital assets, governed primarily by the Law on Digital Assets (2022). The Autoritat Financera Andorrana actively publishes regulatory updates and maintains financial stability.
Andorra is classified by FATF as: compliant.
Yes, licensing is required for VASPs.
KYC is mandatory for crypto businesses.
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VASP licensing, jurisdiction analysis, AML/KYC, legal opinions, company registration and banking access.
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Explore IT Services →Last reviewed: 2026-09-07 · Data source: Soken Crypto Legal Map
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