🇹🇹 Trinidad and Tobago

Trinidad and Tobago enacted the Virtual Assets and Virtual Asset Service Providers Act 2025 (Presidential assent December 23, 2025), creating a new mandatory regulatory framework under the TTSEC. A moratorium on standard VASP licenses is in place until at least December 31, 2026; existing VASPs must operate within the TTSEC Regulatory Sandbox or cease operations by April 7, 2026. The Act was driven by CFATF 5th Round Mutual Evaluation preparation (on-site review scheduled March 2026). Eight VASPs have been issued Certificates of Acceptance for sandbox participation as of May 2026.

Overview

StatusRestricted
Risk Score55/100 (High Risk)
Regioncaribbean
CurrencyTTD

Tax Information

Capital Gains (Personal)No capital gains tax
Capital Gains (Corporate)30% corporate tax
VAT on CryptoNo
Staking TaxNo specific guidance
Airdrop TaxNo specific guidance

No capital gains tax in Trinidad and Tobago.

Licensing & Registration

RequiredYes
RegulatorTTSEC (primary); CBTT retains fintech/payments oversight
FrameworkVirtual Assets and Virtual Asset Service Providers Act 2025 (Act No. 12 of 2025); TTSEC Regulatory Sandbox
Easemedium

Licensing is managed through a collaborative regulatory innovation hub involving multiple supervisory authorities, facilitating fintech and crypto service providers under a structured framework.

Enforcement Activity

Level: Low

Consumer warnings issued.

AML / KYC

KYC RequiredYes
Travel RuleYes
FATF MemberNo
FATF Statusfsrb_only
FATF BodyCFATF
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: unregulated

DeFi activities are currently unregulated but operate within the broader fintech innovation framework, with ongoing monitoring by regulators.

Stablecoins

Status: no_rules

No specific regulatory framework for stablecoins has been established yet, though stablecoins are monitored under general fintech regulations.

NFTs

Status: no_rules

No regulation.

Mining

LegalYes
Electricity Cost$0.04/kWh
Renewable Energy2%
Infrastructurefair

Mining is legal with relatively low electricity costs but limited renewable energy usage; infrastructure is adequate but not advanced.

Geopolitical Risk

Stabilitystable
SanctionsNo
Corruption Index45/100
Banking Accessmoderate

Risk Factors

Trinidad and Tobago enjoys political stability and moderate ease of doing business, with no international sanctions. Corruption levels are moderate, and internet freedom is rated free.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Trinidad and Tobago?

Trinidad and Tobago enacted the Virtual Assets and Virtual Asset Service Providers Act 2025 (Presidential assent December 23, 2025), creating a new mandatory regulatory framework under the TTSEC. A moratorium on standard VASP licenses is in place until at least December 31, 2026; existing VASPs must operate within the TTSEC Regulatory Sandbox or cease operations by April 7, 2026. The Act was driven by CFATF 5th Round Mutual Evaluation preparation (on-site review scheduled March 2026). Eight VASP

What is the FATF status of Trinidad and Tobago?

Trinidad and Tobago is classified by FATF as: fsrb_only.

Are VASPs licensed in Trinidad and Tobago?

Yes, licensing is required for VASPs.

What is the AML/KYC regime in Trinidad and Tobago?

KYC is mandatory for crypto businesses.

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Last reviewed: 2026-06-01 · Data source: Soken Crypto Legal Map

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