🇧🇿 Belize

Belize maintains a legal and regulated framework for digital assets, overseen by the Financial Services Commission under the Digital Asset Services Licensing Regulations of 2025. The country emphasizes investor protection and compliance with AML/CFT standards.

Overview

StatusLegal
Risk Score25/100 (Low Risk)
Regioncentral america
CurrencyBZD

Tax Information

VAT on CryptoNo

Licensing & Registration

RequiredYes
RegulatorFSC
FrameworkFinancial Services Commission (Digital Asset Services Licensing) Regulations, 2025 (SI No. 162 of 2025)
Easemedium
Cost (USD)$5,000 - $25,000

Licensing is mandatory for digital asset service providers with a structured regulatory framework established in 2025.

Enforcement Activity

Level: Low

Minimal enforcement activity.

AML / KYC

KYC RequiredYes
Travel RuleYes
FATF MemberYes
FATF Statuscompliant
FATF BodyFATF
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: Legal

DeFi activities are legal and fall under the general digital asset regulatory framework without specific restrictions.

Stablecoins

Status: regulated

Stablecoins are regulated under the digital asset licensing framework ensuring compliance with AML and consumer protection.

NFTs

Status: no_rules

No regulation.

Mining

LegalYes
Electricity Cost$0.18/kWh
Renewable Energy50%
Infrastructurefair

Mining is legal with moderate electricity costs and half of the electricity sourced from renewables. Infrastructure is fair but improving.

Geopolitical Risk

Stabilitymoderate
SanctionsNo
Corruption Index45/100
Banking Accessmoderate
Sanctions Program ActiveNo

Risk Factors

Belize is politically stable with moderate corruption and moderate ease of doing business. It faces natural disaster risks and has moderate banking access for crypto firms.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Belize?

Belize maintains a legal and regulated framework for digital assets, overseen by the Financial Services Commission under the Digital Asset Services Licensing Regulations of 2025. The country emphasizes investor protection and compliance with AML/CFT standards.

What is the FATF status of Belize?

Belize is classified by FATF as: compliant.

Are VASPs licensed in Belize?

Yes, licensing is required for VASPs.

What is the AML/KYC regime in Belize?

KYC is mandatory for crypto businesses.

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Last reviewed: 2026-09-10 · Data source: Soken Crypto Legal Map

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