---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "caribbean", "legal"]
aliases: ["DM", "DMA"]
created: 2026-06-01
updated: 2025-01-01
compile_into: ["[[country--dominica]]"]
sources:
  - name: "ECCB"
    url: "https://www.eccb-centralbank.org"
    type: "official"
---

# 🇩🇲 [[country--dominica|Dominica]] (DM) — Crypto Regulation

> Cryptocurrency is legal in Dominica with no specific regulatory framework dedicated to crypto. The country does not have explicit licensing or tax regulations for crypto activities as per the available information.

## Overview

| Field | Value |
|-------|-------|
| Status | Legal |
| Risk Score | 25/100 (Low Risk) |
| Enforcement Level | None |
| Region | [[domain--caribbean|caribbean]] |
| Currency | [[entity--xcd|XCD]] |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | No capital gains tax; personal income tax applies progressively (0% up to EC$30,000; 15–35% above that threshold) |
| Capital Gains (Corporate) | 25% corporate tax |
| VAT on Crypto | No |
| Mining Tax | No specific guidance |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |

No personal income tax.

## Licensing

| Field | Value |
|-------|-------|
| Required | Yes |
| Regulator | [[entity--fsu|FSU]] |
| Framework | Virtual Asset Business Act No. 1 of 2022 + Virtual Asset Business Regulation 2024 |
| Ease | easy |
| Cost | N/A |
| Timeline | N/A months |

ECCB launched DCash pilot.

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | <span style="color:var(--text-dim,#888)">&mdash;</span> |
| Travel Rule | <span style="color:var(--text-dim,#888)">&mdash;</span> |
| FATF Member | <span style="color:var(--text-dim,#888)">&mdash;</span> |

## DeFi

**Status:** Unclear

No regulation.

## Stablecoins

**Status:** no_rules

ECCB DCash pilot.

## NFTs

**Status:** no_rules

No regulation.

## Mining

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

Electricity costs are relatively high compared to global averages. Infrastructure is fair but limited due to island geography.

## Geopolitics

| Field | Value |
|-------|-------|
| Sanctions | <span style="color:var(--text-dim,#888)">&mdash;</span> |

## Enforcement

No known enforcement.

## CBDC Status: suspended

## FAQ

### Is cryptocurrency legal in Dominica?

Cryptocurrency is legal in Dominica with no specific regulatory framework dedicated to crypto. The country does not have explicit licensing or tax regulations for crypto activities as per the available information.

### Are VASPs licensed in Dominica?

Yes, licensing is required for VASPs.

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-06-01.*

**Sources:**
- [ECCB](https://www.eccb-centralbank.org)