---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "caribbean", "cfatf", "legal"]
aliases: ["VC", "VCT"]
created: 2026-04-13
updated: 2025-06-01
compile_into: ["[[country--saint-vincent-and-the-grenadines]]"]
sources:
  - name: "FSA SVG"
    url: "https://www.svgfsa.com"
    type: "official"
---

# 🇻🇨 [[country--saint-vincent-and-the-grenadines|Saint Vincent and the Grenadines]] (VC) — Crypto Regulation

> SVG has been a popular incorporation jurisdiction for crypto businesses. The FSA oversees some financial services but crypto-specific regulation has been limited. Several crypto exchanges were SVG-incorporated.

## Overview

| Field | Value |
|-------|-------|
| Status | Legal |
| Risk Score | 45/100 (Moderate Risk) |
| Enforcement Level | Low |
| Region | [[domain--caribbean|caribbean]] |
| Currency | [[entity--xcd|XCD]] |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | No income tax |
| Capital Gains (Corporate) | 30% corporate tax |
| VAT on Crypto | No |
| Mining Tax | No income tax for individuals |
| Staking Tax | No income tax |
| Airdrop Tax | No income tax |

No personal income tax. Corporate tax at 30%.

## Licensing

| Field | Value |
|-------|-------|
| Required | No |
| Regulator | [[entity--fsa-svg|FSA SVG]] |
| Framework | No specific crypto framework |
| Ease | easy |
| Cost | N/A |
| Timeline | N/A months |

SVG has been criticized for light-touch regulation of crypto businesses. Several crypto exchanges that later faced issues were SVG-incorporated. The FSA is developing enhanced regulation.

## 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

No framework.

## NFTs

**Status:** no_rules

No regulation.

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.28/kWh |
| Renewable Energy | 10% |
| Climate | tropical |
| Infrastructure | fair |

Electricity costs are relatively high compared to global averages. Infrastructure for mining is fair but limited due to island geography and energy constraints.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 38/100 |
| Ease of Business | moderate |
| Internet Freedom | partly_free |
| Banking Access | moderate |

## Enforcement

FSA has warned it does not regulate crypto businesses despite their SVG incorporation.

## CBDC Status: pilot

---

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

**Sources:**
- [FSA SVG](https://www.svgfsa.com)