---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "asia_pacific", "apg", "crypto_friendly"]
aliases: ["MH", "MHL"]
created: 2026-04-13
updated: 2026-04-02
compile_into: ["[[country--marshall-islands]]"]
sources:
  - name: "https://www.rmicourts.org"
    url: "https://www.rmicourts.org"
    type: "official"
---

#  Marshall Islands (MH) — Crypto Regulation

> The Marshall Islands maintains a crypto-friendly stance with no explicit restrictive regulations found on the judiciary page. The judiciary site focuses on legal resources and court procedures without specific crypto legislation.

## Overview

| Field | Value |
|-------|-------|
| Status | crypto_friendly |
| Risk Score | 15/100 (Low Risk) |
| Enforcement Level | Moderate |
| Region | [[domain--asia-pacific|asia pacific]] |
| Currency | [[entity--usd|USD]] |

## Tax

| Type | Rate |
|------|------|
| VAT on Crypto | No |

No explicit tax rates or rules for cryptocurrency are stated in the provided regulatory text.

## Licensing

| Field | Value |
|-------|-------|
| Required | No |
| Regulator | [[entity--banking-commission|Banking Commission]] |
| Ease | easy |
| Cost | $5,000 - $15,000 |
| Timeline | 1-3 months |

No licensing framework or requirements for crypto businesses are mentioned in the judiciary's resources.

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | No |
| Travel Rule | No |
| FATF Member | No |
| FATF Status | fsrb_only |

## DeFi

**Status:** Unclear

No explicit information on DeFi regulation is provided in the judiciary resources.

## Stablecoins

**Status:** unknown

No information on stablecoin regulation is available from the provided text.

## NFTs

**Status:** unregulated

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.3/kWh |
| Renewable Energy | 15% |
| Climate | tropical |
| Infrastructure | fair |

Mining is legal but electricity costs are relatively high; infrastructure is fair given island conditions.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | stable |
| Sanctions | No |
| Corruption Index | 45/100 |
| Ease of Business | moderate |
| Internet Freedom | free |
| Banking Access | moderate |

## Enforcement

No detailed enforcement information available

## CBDC Status: exploring

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-04-13.*

**Sources:**
- [https://www.rmicourts.org](https://www.rmicourts.org)