North Korea has no specific cryptocurrency regulation.
| Status | Banned |
| Risk Score | 100/100 (Very High Risk) |
| Region | asia pacific |
| Currency | KPW |
| Capital Gains (Personal) | N/A |
| Capital Gains (Corporate) | N/A |
| VAT on Crypto | No |
| Staking Tax | N/A |
| Airdrop Tax | N/A |
No crypto-specific tax guidance available.
| Required | No |
| Regulator | N/A |
| Framework | Comprehensive international sanctions; crypto activity state-directed for sanctions evasion |
| Ease | very_complex |
No detailed enforcement information available
| KYC Required | No |
| Travel Rule | No |
| FATF Member | No |
| FATF Status | blacklisted_countermeasures |
| FATF Body | FATF |
| Suspicious-Activity Reporting | No |
Status: Banned
Status: Banned
Status: Banned
| Legal | No |
| Electricity Cost | $0.04/kWh |
| Renewable Energy | 35% |
| Infrastructure | very_poor |
Crypto mining is banned due to strict government control and international sanctions. Infrastructure is very poor with limited internet and data center facilities.
| Stability | very_unstable |
| Sanctions | Yes |
| Corruption Index | 17/100 |
| Banking Access | very_restricted |
| Sanctions Program Active | Yes |
Risk Factors
North Korea is under comprehensive international sanctions severely restricting crypto activities. Political environment is highly unstable with very limited business freedom and internet censorship.
Recent Political Events
North Korea has no specific cryptocurrency regulation.
North Korea is classified by FATF as: blacklisted_countermeasures.
KYC is not universally mandated.
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Explore IT Services →Last reviewed: 2026-09-16 · Data source: Soken Crypto Legal Map
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