Saint Helena, Ascension and Tristan da Cunha

St Helena, Ascension and Tristan da Cunha has no crypto-specific legislation or virtual asset licensing regime. Financial services businesses are licensed by the Financial Services Regulatory Authority under the Financial Services Ordinance 2008, which does not set out a crypto regime. The regulatory status of crypto activity is unclear.

Overview

Statusunknown
Risk Score45/100 (Moderate Risk)
Regionafrica west
CurrencySHP

Tax Information

Capital Gains (Personal)No crypto-specific rules; capital gains derived in or from St Helena taxed at 10%; trading or business income taxed at 26% on the first £18,000 and 31% above
Capital Gains (Corporate)25% corporation income tax on St Helena-source profits (15% for specified local production and export sectors)
VAT on CryptoNo
Staking TaxNo specific guidance
Airdrop TaxNo specific guidance

No crypto-specific tax guidance. St Helena income tax covers capital gains at 10%, individual income at 26% to 31% and companies at 25% (15% for specified local and export sectors).

Licensing & Registration

RequiredNo
RegulatorFinancial Services Regulatory Authority (FSRA)
FrameworkNo crypto framework

No virtual asset licensing regime; the Financial Services Ordinance 2008 governs licensing of financial services businesses generally.

Enforcement Activity

Level: Low

No significant enforcement actions reported

AML / KYC

KYC RequiredNo
Travel RuleNo
FATF MemberNo
FATF Statusnon_compliant
Suspicious-Activity ReportingNo

DeFi, Stablecoins & NFTs

Status: no_rules

No DeFi-specific regulation exists. Saint Helena has no virtual asset regulatory framework whatsoever, so DeFi falls in an unregulated grey area.

Stablecoins

Status: no_rules

No specific stablecoin framework

NFTs

Status: no_rules

No specific NFT regulation

Mining

LegalYes
Electricity Cost$0.15/kWh
Renewable Energy15%
Infrastructurefair

Limited infrastructure and high electricity costs make mining less competitive. No known restrictions on mining.

Geopolitical Risk

Stabilitystable
SanctionsNo
Corruption Index65/100
Banking Accessmoderate
Sanctions Program ActiveNo

Risk Factors

Saint Helena is a small, stable UK Overseas Territory with limited economic activity and moderate ease of doing business. No international sanctions apply.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Saint Helena, Ascension and Tristan da Cunha?

St Helena, Ascension and Tristan da Cunha has no crypto-specific legislation or virtual asset licensing regime. Financial services businesses are licensed by the Financial Services Regulatory Authority under the Financial Services Ordinance 2008, which does not set out a crypto regime. The regulatory status of crypto activity is unclear.

What is the FATF status of Saint Helena, Ascension and Tristan da Cunha?

Saint Helena, Ascension and Tristan da Cunha is classified by FATF as: non_compliant.

What is the AML/KYC regime in Saint Helena, Ascension and Tristan da Cunha?

KYC is not universally mandated.

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Last reviewed: 2026-09-22 · Data source: Soken Crypto Legal Map

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