---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "caribbean", "cfatf", "unknown"]
aliases: ["MS", "MSR"]
created: 2026-04-13
updated: 2025-01-01
compile_into: ["[[country--montserrat]]"]
sources:
  - name: "ECCB"
    url: "https://www.eccb-centralbank.org"
    type: "official"
---

# 🇲🇸 [[country--montserrat|Montserrat]] (MS) — Crypto Regulation

> No specific cryptocurrency regulations or frameworks are mentioned for Montserrat. The regulatory stance on crypto remains unclear based on the provided information.

## Overview

| Field | Value |
|-------|-------|
| Status | unknown |
| Risk Score | 50/100 (Moderate Risk) |
| Enforcement Level | None |
| Region | [[domain--caribbean|caribbean]] |
| Currency | [[entity--xcd|XCD]] |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | No specific guidance |
| Capital Gains (Corporate) | No specific guidance |
| VAT on Crypto | No |
| Mining Tax | No specific guidance |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |

No crypto-specific tax guidance.

## Licensing

| Field | Value |
|-------|-------|
| Required | No |
| Regulator | [[entity--eccb|ECCB]] |
| Framework | No specific crypto framework |
| Ease | easy |
| Cost | N/A |
| Timeline | N/A months |

ECCB launched DCash pilot.

## AML / KYC

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

## DeFi

**Status:** Unclear

No regulation.

## Stablecoins

**Status:** no_rules

ECCB DCash pilot.

## NFTs

**Status:** no_rules

No regulation.

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.3/kWh |
| Renewable Energy | 10% |
| Climate | tropical |
| Infrastructure | poor |

Electricity costs are high compared to global averages; limited renewable energy and poor infrastructure make mining less competitive.

## Geopolitics

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

## Enforcement

No known enforcement.

## CBDC Status: pilot

---

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

**Sources:**
- [ECCB](https://www.eccb-centralbank.org)