Kiribati

There is no explicit information on cryptocurrency regulation in Kiribati. The country uses the Australian dollar and has no known crypto legislation.

Overview

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

Tax Information

Capital Gains (Personal)0% - no income tax system
Capital Gains (Corporate)30% CIT (for companies earning > AUD 14,000)
VAT on CryptoNo
Staking TaxN/A
Airdrop TaxN/A

No crypto-specific tax guidance available.

Licensing & Registration

RequiredNo
RegulatorKiribati Financial Supervisory Authority (KFSA)
FrameworkNo crypto legislation; Financial Supervisory Authority Kiribati Act 2021 and Kiribati Financial Institutions Act 2021 govern financial sector (no crypto scope); uses Australian dollar
Easevery_complex

Enforcement Activity

Level: Moderate

No detailed enforcement information available

AML / KYC

KYC RequiredNo
Travel RuleNo
FATF MemberNo
FATF Statusnon_compliant
FATF BodyAPG
Suspicious-Activity ReportingNo

DeFi, Stablecoins & NFTs

Status: unregulated

Stablecoins

Status: unregulated

NFTs

Status: unregulated

Mining

LegalYes
Electricity Cost$0.3/kWh
Renewable Energy15%
Infrastructurepoor

Electricity costs are high and infrastructure is limited, making mining conditions challenging. No explicit mining regulations found.

Geopolitical Risk

Stabilitymoderate
SanctionsNo
Corruption Index29/100
Banking Accessrestricted

Risk Factors

Kiribati faces challenges from climate change and limited infrastructure, impacting crypto business potential. No international sanctions apply.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Kiribati?

There is no explicit information on cryptocurrency regulation in Kiribati. The country uses the Australian dollar and has no known crypto legislation.

What is the FATF status of Kiribati?

Kiribati is classified by FATF as: non_compliant.

What is the AML/KYC regime in Kiribati?

KYC is not universally mandated.

Need help with Kiribati crypto regulation?

Soken combines Web3 security engineering and crypto-legal counsel — two specialised tracks, one team. Pick the side that matches your need.

Legal & Corporate

Crypto Legal & Compliance

VASP licensing, jurisdiction analysis, AML/KYC, legal opinions, company registration and banking access.

Explore Legal Services →
IT & Security

Web3 Security & Development

Smart-contract audits, penetration testing, Web3 development, AI/LLM security audits.

Explore IT Services →

Last reviewed: 2026-06-01 · Data source: Soken Crypto Legal Map

← Back to Crypto Map