Brunei

Brunei currently has no specific crypto regulatory framework. The Brunei Darussalam Central Bank (BDCB) has issued warnings against crypto use, and a VASP licensing framework is under development as of 2026, indicating a cautious and restrictive stance towards cryptocurrency.

Overview

StatusRestricted
Risk Score55/100 (High Risk)
Regionsoutheast asia
CurrencyBND

Tax Information

VAT on CryptoNo

Licensing & Registration

RequiredYes
RegulatorBDCB
Easeunknown

No specific licensing framework yet; VASP licensing framework under development as of 2026.

Enforcement Activity

Level: Low

No detailed enforcement information available

AML / KYC

KYC RequiredYes
Travel RuleNo
FATF MemberYes
FATF Statuscompliant
FATF BodyAPG
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: Restricted

DeFi activities are generally restricted due to lack of clear regulatory framework and warnings issued by BDCB.

Stablecoins

Status: Restricted

No specific stablecoin regulations; stablecoins are effectively restricted under the general cautious approach to crypto assets.

NFTs

Status: unregulated

Mining

LegalNo
Electricity Cost$0.03/kWh
Renewable Energy18%
Infrastructurefair

Crypto mining is restricted in Brunei; low electricity costs but limited infrastructure and regulatory support.

Geopolitical Risk

Stabilitystable
SanctionsNo
Corruption Index60/100
Banking Accessmoderate
Sanctions Program ActiveNo

Risk Factors

Brunei is politically stable with moderate corruption levels. The country maintains a cautious approach to crypto, with regulatory uncertainty and restrictions posing risks for crypto businesses.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Brunei?

Brunei currently has no specific crypto regulatory framework. The Brunei Darussalam Central Bank (BDCB) has issued warnings against crypto use, and a VASP licensing framework is under development as of 2026, indicating a cautious and restrictive stance towards cryptocurrency.

What is the FATF status of Brunei?

Brunei is classified by FATF as: compliant.

Are VASPs licensed in Brunei?

Yes, licensing is required for VASPs.

What is the AML/KYC regime in Brunei?

KYC is mandatory for crypto businesses.

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

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