Maldives has no specific cryptocurrency regulation.
| Status | Restricted |
| Risk Score | 55/100 (High Risk) |
| Region | south asia |
| Currency | MVR |
| Capital Gains (Personal) | 0% - no personal income tax on capital gains |
| Capital Gains (Corporate) | 15% CIT |
| VAT on Crypto | No |
| Staking Tax | N/A |
| Airdrop Tax | N/A |
No crypto-specific tax guidance available.
| Required | No |
| Regulator | MMA |
| Framework | No crypto framework; MMA has cautioned public about crypto risks |
| Ease | very_complex |
No detailed enforcement information available
| Status | Research |
| Name | Maldives CBDC |
| Issuing Authority | Maldives Monetary Authority |
| Model | retail |
| KYC Required | Yes |
| Travel Rule | No |
| FATF Member | No |
| FATF Status | non_compliant |
| FATF Body | APG |
| Suspicious-Activity Reporting | Yes |
Status: unregulated
Status: unregulated
Status: unregulated
| Legal | No |
| Electricity Cost | $0.2/kWh |
| Renewable Energy | 20% |
| Infrastructure | poor |
Mining is restricted due to high electricity costs and limited infrastructure; Maldives has no significant crypto mining industry.
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 40/100 |
| Banking Access | restricted |
| Sanctions Program Active | No |
Risk Factors
Maldives has moderate political stability with no international sanctions. Corruption is a concern and banking access for crypto companies is limited. The small economy and infrastructure challenges pose risks for crypto business.
Maldives has no specific cryptocurrency regulation.
Maldives is classified by FATF as: non_compliant.
KYC is mandatory for crypto businesses.
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Explore IT Services →Last reviewed: 2026-09-19 · Data source: Soken Crypto Legal Map
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