🇹🇹 Trinidad and Tobago

Trinidad and Tobago regulates virtual asset service providers under the Virtual Assets and Virtual Asset Service Providers Act, 2025 (Act No. 12 of 2025), assented to and in force since 23 December 2025. The Trinidad and Tobago Securities and Exchange Commission is the supervisor.

Overview

StatusLegal
Risk Score55/100 (High Risk)
Regioncaribbean
CurrencyTTD

Tax Information

Capital Gains (Personal)Gains on assets disposed of within 12 months of acquisition taxed as ordinary income; longer-held gains not taxed
Capital Gains (Corporate)30% corporate tax on taxable profits
VAT on CryptoNo

No crypto-specific tax guidance. Short-term gains (assets held 12 months or less) are taxed as income; longer-held gains are not taxed. Corporate tax is 30%.

Licensing & Registration

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

Licensing is required under the 2025 Act with a regulatory sandbox available for innovation and testing.

Enforcement Activity

Level: Low

Consumer warnings issued.

CBDC

StatusResearch
NameTrinidad and Tobago CBDC
Issuing AuthorityCentral Bank of Trinidad and Tobago
Modelretail

AML / KYC

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

DeFi, Stablecoins & NFTs

Status: Restricted

DeFi activities are subject to regulatory restrictions under the 2025 Act, with oversight by the TTSEC.

Stablecoins

Status: Restricted

Stablecoins are regulated under the Virtual Assets Act with restrictions to ensure consumer protection and financial stability.

NFTs

Status: no_rules

No regulation.

Mining

LegalYes
Electricity Cost$0.04/kWh
Renewable Energy2%
Infrastructurefair

Mining is legal but limited by high energy costs and low renewable energy penetration. Infrastructure is moderate with some data center presence.

Geopolitical Risk

Stabilitystable
SanctionsNo
Corruption Index44/100
Banking Accessmoderate
Sanctions Program ActiveNo

Risk Factors

Trinidad and Tobago is politically stable with moderate corruption and reasonable ease of doing business. No international sanctions apply. Banking access for crypto firms is moderate, with some regulatory uncertainty posing risks.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Trinidad and Tobago?

Trinidad and Tobago regulates virtual asset service providers under the Virtual Assets and Virtual Asset Service Providers Act, 2025 (Act No. 12 of 2025), assented to and in force since 23 December 2025. The Trinidad and Tobago Securities and Exchange Commission is the supervisor.

What is the FATF status of Trinidad and Tobago?

Trinidad and Tobago is classified by FATF as: compliant.

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: 2026-09-24 · Data source: Soken Crypto Legal Map

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