United States Minor Outlying Islands

The United States Minor Outlying Islands follow the US federal regulatory framework for cryptocurrencies, including the GENIUS Act for stablecoins and SEC/CFTC joint guidance. The SEC actively facilitates digital asset market innovation and enforces securities laws.

Overview

StatusLegal
Risk Score25/100 (Low Risk)
Regionasia pacific
CurrencyUSD

Tax Information

VAT on CryptoNo

Licensing & Registration

RequiredYes
RegulatorUS Federal Regulators
FrameworkUS Federal Crypto Regulatory Framework
Easemedium

Crypto businesses must register as MSBs with FinCEN and comply with SEC and CFTC regulations depending on activities.

Enforcement Activity

Level: Low

No significant enforcement actions reported

AML / KYC

KYC RequiredYes
Travel RuleYes
FATF MemberYes
FATF Statuscompliant
FATF BodyFATF
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: regulated

DeFi activities are subject to existing securities and commodities laws enforced by SEC and CFTC, with ongoing regulatory scrutiny.

Stablecoins

Status: regulated

Stablecoins are regulated under the GENIUS Act enacted in July 2025, establishing clear rules for issuance and oversight.

NFTs

Status: no_rules

No specific NFT regulation

Mining

LegalYes
Electricity Cost$0.12/kWh
Renewable Energy15%
Infrastructureexcellent

Mining is legal and regulated under US federal tax and energy laws; infrastructure is robust with excellent data center and internet facilities.

Geopolitical Risk

Stabilityvery_stable
SanctionsNo
Corruption Index67/100
Banking Accessopen
Sanctions Program ActiveYes

Risk Factors

The US Minor Outlying Islands benefit from US federal governance and infrastructure, with stable political environment and no sanctions risk. Regulatory environment is complex but transparent.

Recent Political Events

Sources

Frequently Asked Questions

Is cryptocurrency legal in United States Minor Outlying Islands?

The United States Minor Outlying Islands follow the US federal regulatory framework for cryptocurrencies, including the GENIUS Act for stablecoins and SEC/CFTC joint guidance. The SEC actively facilitates digital asset market innovation and enforces securities laws.

What is the FATF status of United States Minor Outlying Islands?

United States Minor Outlying Islands is classified by FATF as: compliant.

Are VASPs licensed in United States Minor Outlying Islands?

Yes, licensing is required for VASPs.

What is the AML/KYC regime in United States Minor Outlying Islands?

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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