---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "caribbean", "cfatf", "legal"]
aliases: ["BB", "BRB"]
created: 2026-04-13
updated: 2025-06-01
compile_into: ["[[country--barbados]]"]
sources:
  - name: "FSC Barbados"
    url: "https://www.fsc.gov.bb"
    type: "official"
---

# 🇧🇧 [[country--barbados|Barbados]] (BB) — Crypto Regulation

> Barbados has a legal status for cryptocurrency with a regulatory framework under development. The Financial Services Commission oversees financial sectors but no explicit crypto regulations are detailed on the page.

## Overview

| Field | Value |
|-------|-------|
| Status | Legal |
| Risk Score | 35/100 (Moderate Risk) |
| Enforcement Level | Low |
| Region | [[domain--caribbean|caribbean]] |
| Currency | [[entity--bbd|BBD]] |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | No capital gains tax |
| Capital Gains (Corporate) | 5.5% corporate tax (reduced rate) |
| VAT on Crypto | No |
| Mining Tax | Subject to income tax if applicable |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |

No capital gains tax. Low corporate tax rate of 5.5%. Attractive for crypto businesses.

## Licensing

| Field | Value |
|-------|-------|
| Required | No |
| Regulator | [[entity--fsc-barbados|FSC Barbados]] |
| Framework | Regulatory framework under development |
| Ease | easy |
| Cost | N/A |
| Timeline | N/A months |

FSC is developing crypto regulation. Barbados has a well-established international business sector.

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | Yes |
| Travel Rule | No |
| FATF Member | No |
| FATF Status | compliant |

## DeFi

**Status:** Unclear

No DeFi regulation.

## Stablecoins

**Status:** no_rules

No framework.

## NFTs

**Status:** no_rules

No regulation.

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.28/kWh |
| Renewable Energy | 10% |
| Climate | tropical |
| Infrastructure | fair |

Mining is legal but electricity costs are relatively high and renewable energy penetration is low. Infrastructure is fair, typical for a small island developing state.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | stable |
| Sanctions | No |
| Corruption Index | 55/100 |
| Ease of Business | moderate |
| Internet Freedom | free |
| Banking Access | moderate |

## Enforcement

Limited enforcement.

## CBDC Status: exploring

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-04-13.*

**Sources:**
- [FSC Barbados](https://www.fsc.gov.bb)