Vatican City has no crypto-specific legislation. The ASIF (Supervisory and Financial Information Authority, formerly AIF) oversees financial supervision and AML/CFT. Crypto is unregulated: neither banned nor licensed. Commercial activity of any kind is minimal due to the unique city-state status (~800 residents). The November 2023 amendment to Law XVIII aligned AML rules with EU Directive 2015/849 including controls on virtual currency anonymity, but imposed no licensing regime for VASPs. ASIF supervised only one entity (IOR/Vatican Bank) as of 2025. Crypto adoption is effectively nil. The Vatican has expressed concern about crypto's potential in money laundering but has issued no formal crypto policy.
| Status | unknown |
| Risk Score | 45/100 (Moderate Risk) |
| Region | europe |
| Currency | EUR |
| Capital Gains (Personal) | N/A - no personal taxation system for residents |
| Capital Gains (Corporate) | N/A |
| VAT on Crypto | No |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |
Vatican City has no standard taxation system. Financial activity is minimal and highly controlled.
| Required | No |
| Regulator | ASIF |
| Framework | No crypto-specific legislation |
No crypto-specific regulation. Commercial activity is extremely limited in Vatican City.
No significant enforcement actions reported
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | No |
| FATF Status | compliant |
| FATF Body | MONEYVAL |
| Suspicious-Activity Reporting | Yes |
Status: Unclear
No specific DeFi regulation
Status: no_rules
No specific stablecoin framework
Status: no_rules
No specific NFT regulation
| Legal | Yes |
| Electricity Cost | $0.2/kWh |
| Renewable Energy | 30% |
| Infrastructure | poor |
Vatican City has no known crypto mining activity or specific regulations; electricity cost is high and infrastructure is minimal due to its small size and urban nature.
| Stability | very_stable |
| Sanctions | No |
| Corruption Index | 85/100 |
| Banking Access | restricted |
Risk Factors
Vatican City is politically stable with very low corruption and free internet, but banking access for crypto companies is restricted and infrastructure is minimal due to its unique status and size.
Vatican City has no crypto-specific legislation. The ASIF (Supervisory and Financial Information Authority, formerly AIF) oversees financial supervision and AML/CFT. Crypto is unregulated: neither banned nor licensed. Commercial activity of any kind is minimal due to the unique city-state status (~800 residents). The November 2023 amendment to Law XVIII aligned AML rules with EU Directive 2015/849 including controls on virtual currency anonymity, but imposed no licensing regime for VASPs. ASIF s
Vatican City is classified by FATF as: compliant.
KYC is mandatory for crypto businesses.
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Explore IT Services →Last reviewed: 2026-06-01 · Data source: Soken Crypto Legal Map
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