Vanuatu

Vanuatu maintains a legal and regulated framework for cryptocurrency activities, overseen by the Vanuatu Financial Services Commission. The jurisdiction has updated laws aligning with international standards to promote investor confidence and financial center integrity.

Overview

StatusLegal
Risk Score37/100 (Moderate Risk)
Regionasia pacific
CurrencyVUV

Tax Information

VAT on CryptoNo

Licensing & Registration

RequiredYes
RegulatorVFSC
FrameworkVirtual Asset Service Providers Act No. 3 of 2025 (VASP Act)
Easemedium
Cost (USD)$5,000 - $20,000

Licensing is governed under the VASP Act, requiring registration and compliance with AML standards.

Enforcement Activity

Level: Low

No detailed enforcement information available

CBDC

StatusResearch
NameVanuatu CBDC
Issuing AuthorityReserve Bank of Vanuatu
Modelretail
TechnologySoramitsu

AML / KYC

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

DeFi, Stablecoins & NFTs

Status: Legal

DeFi activities are legal and fall under the regulatory framework established by the VASP Act.

Stablecoins

Status: regulated

Stablecoins are regulated under the existing virtual asset framework to ensure compliance and investor protection.

NFTs

Status: unregulated

Mining

LegalYes
Electricity Cost$0.25/kWh
Renewable Energy15%
Infrastructurefair

Mining is legal but electricity costs are relatively high; infrastructure is developing.

Geopolitical Risk

Stabilitymoderate
SanctionsNo
Corruption Index40/100
Banking Accessmoderate
Sanctions Program ActiveNo

Risk Factors

Vanuatu is moderately stable with some risk from natural disasters and infrastructure limitations affecting crypto business.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Vanuatu?

Vanuatu maintains a legal and regulated framework for cryptocurrency activities, overseen by the Vanuatu Financial Services Commission. The jurisdiction has updated laws aligning with international standards to promote investor confidence and financial center integrity.

What is the FATF status of Vanuatu?

Vanuatu is classified by FATF as: compliant.

Are VASPs licensed in Vanuatu?

Yes, licensing is required for VASPs.

What is the AML/KYC regime in Vanuatu?

KYC is mandatory for crypto businesses.

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Last reviewed: 2026-09-25 · Data source: Soken Crypto Legal Map

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