🇲🇶 Martinique

Martinique follows the EU Markets in Crypto-Assets Regulation (MiCA) implemented via French national law, with the AMF as the regulator. Crypto service providers must comply with the MiCA framework since late 2024, replacing previous PSAN rules.

Overview

StatusLegal
Risk Score25/100 (Low Risk)
Regioncaribbean
CurrencyEUR

Tax Information

Capital Gains (Personal)/null
Capital Gains (Corporate)/null
VAT on CryptoYes
Staking Tax/null
Airdrop Tax/null

Specific crypto tax details are not provided, but VAT applies to crypto transactions under French tax rules.

Licensing & Registration

RequiredYes
RegulatorAMF / ACPR
FrameworkMarkets in Crypto-Assets Regulation (MiCA)
Easemedium
Cost (USD)$50,000 - $300,000

Licensing and registration of crypto service providers are mandatory under MiCA, enforced by the AMF.

Enforcement Activity

Level: Moderate

AMF enforcement applies.

AML / KYC

KYC RequiredYes
Travel RuleYes
FATF MemberYes
FATF Statuscompliant
FATF BodyFATF
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: regulated

DeFi activities fall under the MiCA framework and are regulated by the AMF in line with EU standards.

Stablecoins

Status: regulated

Stablecoins are regulated under MiCA, requiring authorization and compliance with EU rules.

NFTs

Status: Unclear

MiCA NFT provisions apply.

Mining

LegalYes
Electricity Cost$0.2/kWh
Renewable Energy10%
Infrastructuregood

Mining is legal but electricity costs are relatively high compared to global averages, with limited renewable energy share.

Geopolitical Risk

Stabilitystable
SanctionsNo
Corruption Index69/100
Banking Accessopen
Sanctions Program ActiveNo

Risk Factors

As an overseas region of France, Martinique benefits from EU political stability and regulatory frameworks. Key risks include natural disasters such as hurricanes.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Martinique?

Martinique follows the EU Markets in Crypto-Assets Regulation (MiCA) implemented via French national law, with the AMF as the regulator. Crypto service providers must comply with the MiCA framework since late 2024, replacing previous PSAN rules.

What is the FATF status of Martinique?

Martinique is classified by FATF as: compliant.

Are VASPs licensed in Martinique?

Yes, licensing is required for VASPs.

What is the AML/KYC regime in Martinique?

KYC is mandatory for crypto businesses.

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Last reviewed: 2026-09-19 · Data source: Soken Crypto Legal Map

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