---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "africa_west", "giaba", "legal"]
aliases: ["CV", "CPV", "Cabo Verde"]
created: 2026-09-11
updated: 2025-01-01
compile_into: ["[[country--cape-verde]]"]
sources:
  - name: "Banco de Cabo Verde"
    url: "https://www.bcv.cv"
    type: "official"
  - name: "Boletim Oficial I Serie No. 68, 21 June 2023 (Law No. 30/X/2023)"
    url: "https://boe.incv.cv/Bulletins/Download/4870"
    type: "official"
  - name: "taxsummaries.pwc.com"
    url: "https://taxsummaries.pwc.com/quick-charts/corporate-income-tax-cit-rates"
    type: "reference"
---

# 🇨🇻 [[country--cape-verde|Cape Verde]] (CV): Crypto Regulation

> Cape Verde enacted Law 30/X/2023 (effective 22 June 2023), which regulates virtual asset services and digital banking. VASPs must register with the Banco de Cabo Verde (BCV) and comply with AML/CFT obligations. The BCV is the supervisory authority. No crypto-specific tax guidance exists. FATF Recommendation 15 compliance was downgraded to non-compliant in 2025.

## Overview

| Field | Value |
|-------|-------|
| Status | Legal |
| Risk Score | 25/100 (Low Risk) |
| Enforcement Level | None |
| Region | [[domain--africa|africa west]] |
| Currency | [[entity--cve|CVE]] |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | No specific guidance |
| Capital Gains (Corporate) | 20.4% corporate income tax (20% plus 2% surcharge); capital gains taxed at the normal CIT rate |
| VAT on Crypto | No |
| Mining Tax | No specific guidance |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |

No crypto-specific tax guidance.

## Licensing

| Field | Value |
|-------|-------|
| Required | Yes |
| Regulator | [[entity--bcv|BCV]] |
| Framework | Law No. 30/X/2023 of 21 June 2023 (virtual asset services and digital banks) |
| Ease | N/A |
| Cost | N/A |
| Timeline | N/A months |

Virtual asset activities require prior registration with the Banco de Cabo Verde, which sets registration conditions by Aviso.

## AML / KYC

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

## DeFi

**Status:** Unclear

No regulation.

## Stablecoins

**Status:** no_rules

No framework.

## NFTs

**Status:** no_rules

No regulation.

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.25/kWh |
| Renewable Energy | 15% |
| Climate | tropical |
| Infrastructure | fair |

Mining is legal but limited by relatively high electricity costs and moderate renewable energy share. Infrastructure is fair with improving internet connectivity.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 35/100 |
| Ease of Business | moderate |
| Internet Freedom | partly_free |
| Banking Access | moderate |
| Sanctions Programs Active | No |

## Enforcement

No known enforcement actions.

## CBDC Status: none

## FAQ

### Is cryptocurrency legal in Cape Verde?

Cape Verde enacted Law 30/X/2023 (effective 22 June 2023), which regulates virtual asset services and digital banking. VASPs must register with the Banco de Cabo Verde (BCV) and comply with AML/CFT obligations. The BCV is the supervisory authority. No crypto-specific tax guidance exists. FATF Recommendation 15 compliance was downgraded to non-compliant in 2025.

### What is the FATF status of Cape Verde?

Cape Verde is classified by FATF as: enhanced_follow_up.

### Are VASPs licensed in Cape Verde?

Yes, licensing is required for VASPs.

### What is the AML/KYC regime in Cape Verde?

KYC is mandatory for crypto businesses.

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-09-11.*

**Sources:**
- [Banco de Cabo Verde](https://www.bcv.cv)
- [Boletim Oficial I Serie No. 68, 21 June 2023 (Law No. 30/X/2023)](https://boe.incv.cv/Bulletins/Download/4870)
- [taxsummaries.pwc.com](https://taxsummaries.pwc.com/quick-charts/corporate-income-tax-cit-rates)