Cook Islands

The Cook Islands has no explicit cryptocurrency regulatory framework. The Financial Supervisory Commission (FSC) oversees financial institutions and anti-money laundering efforts but does not specifically regulate crypto assets or services.

Overview

Statusunknown
Risk Score45/100 (Moderate Risk)
Regionasia pacific
CurrencyNZD

Tax Information

Capital Gains (Personal)0% - no capital gains tax; residents have a NZD 10,000 income tax exemption threshold and progressive rates of 25-30% on income above, but capital gains are explicitly exempt
Capital Gains (Corporate)20% CIT on domestic income; 0% for offshore/IBC companies not conducting business in Cook Islands
VAT on CryptoNo
Staking TaxN/A
Airdrop TaxN/A

No crypto-specific tax guidance available.

Licensing & Registration

RequiredNo
RegulatorFSC
FrameworkNone (no crypto-specific framework)
Easeunknown

Licensing applies to traditional financial institutions; no explicit mention of crypto-specific licenses.

Enforcement Activity

Level: Moderate

No detailed enforcement information available

AML / KYC

KYC RequiredYes
Travel RuleNo
FATF MemberNo
FATF Statusnot_assessed
FATF BodyAPG
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: unregulated

Stablecoins

Status: unregulated

NFTs

Status: unregulated

Mining

LegalYes
Electricity Cost$0.3/kWh
Renewable Energy15%
Infrastructurefair

Electricity costs are high, and renewable energy share is low. Infrastructure is limited but adequate for small-scale mining.

Geopolitical Risk

Stabilitymoderate
SanctionsNo
Corruption Index45/100
Banking Accessmoderate
Sanctions Program ActiveNo

Risk Factors

The Cook Islands is politically stable with no international sanctions. Corruption is moderate, and the business environment is average. Internet freedom is good, but banking access for crypto firms is moderate due to the small financial sector.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Cook Islands?

The Cook Islands has no explicit cryptocurrency regulatory framework. The Financial Supervisory Commission (FSC) oversees financial institutions and anti-money laundering efforts but does not specifically regulate crypto assets or services.

What is the FATF status of Cook Islands?

Cook Islands is classified by FATF as: not_assessed.

What is the AML/KYC regime in Cook Islands?

KYC is mandatory for crypto businesses.

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Last reviewed: 2026-09-11 · Data source: Soken Crypto Legal Map

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