Fiji has enacted a full ban on all virtual asset services. Under Section 22(2) of the Reserve Bank of Fiji Act 1983 (amended by the RBF Budget Amendment Act 2025, effective 30 August 2025), no individual or legal entity — local or foreign — may operate, facilitate, or market virtual asset service provider (VASP) activities in or from Fiji, or to Fijian residents. Prohibited activities include crypto exchanges, token transfers, digital wallets, safekeeping, and advertising of VASPs. Penalties include fines up to FJD 1 million or imprisonment up to 14 years. Cryptocurrencies (Bitcoin, Ethereum, NFTs, utility tokens, stablecoins, security tokens) are not legal tender. The sole regulator is the Reserve Bank of Fiji (RBF); no licensing pathway exists.
| Status | Banned |
| Risk Score | 70/100 (High Risk) |
| Region | asia pacific |
| Currency | FJD |
| Capital Gains (Personal) | 10% CGT |
| Capital Gains (Corporate) | 20% CIT |
| VAT on Crypto | No |
| Staking Tax | Unclear |
| Airdrop Tax | Unclear |
No crypto-specific tax guidance available.
| Required | No |
| Regulator | RBF |
| Framework | RBF Act 1983 s.22(2) prohibition (via Budget Amendment Act 2025); no licensing framework |
| Ease | very_complex |
No detailed enforcement information available
| KYC Required | Yes |
| Travel Rule | No |
| FATF Member | No |
| FATF Status | non_compliant |
| FATF Body | APG |
| Suspicious-Activity Reporting | No |
Status: Banned
Status: Banned
Status: unregulated
| Legal | No |
| Electricity Cost | $0.15/kWh |
| Renewable Energy | 15% |
| Infrastructure | fair |
Mining is restricted with relatively high electricity costs and limited renewable energy. Infrastructure is fair but not optimized for large scale mining.
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 45/100 |
| Banking Access | moderate |
Risk Factors
Fiji has moderate political stability and moderate ease of doing business. There are no international sanctions. Internet freedom is partly free and banking access for crypto companies is moderate. Key risks include regulatory uncertainty and capital controls.
Fiji has enacted a full ban on all virtual asset services. Under Section 22(2) of the Reserve Bank of Fiji Act 1983 (amended by the RBF Budget Amendment Act 2025, effective 30 August 2025), no individual or legal entity — local or foreign — may operate, facilitate, or market virtual asset service provider (VASP) activities in or from Fiji, or to Fijian residents. Prohibited activities include crypto exchanges, token transfers, digital wallets, safekeeping, and advertising of VASPs. Penalties inc
Fiji is classified by FATF as: non_compliant.
KYC is mandatory for crypto businesses.
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Explore IT Services →Last reviewed: 2026-06-01 · Data source: Soken Crypto Legal Map
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