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 in North Korea; electricity cost is low but infrastructure is very poor and mining is state-controlled or prohibited.
| Stability | authoritarian_stable |
| Sanctions | Yes |
| Corruption Index | 17/100 |
| Banking Access | very_restricted |
Risk Factors
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: 2026-06-01 · Data source: Soken Crypto Legal Map
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