Crypto-assets are not legal tender in Wallis and Futuna, where the CFP franc is the sole legal tender. Digital asset services are reserved to service providers registered with the French Autorite des marches financiers (PSAN) and established in France; offering such services without registration is an offence. The Institut d'emission d'outre-mer (IEOM), the note-issuing central bank for the French Pacific territories, issued a public warning to crypto users in December 2023.
| Status | Legal |
| Risk Score | 25/100 (Low Risk) |
| Region | asia pacific |
| Currency | XPF |
| Capital Gains (Personal) | No personal income tax or capital gains tax |
| Capital Gains (Corporate) | No corporate income tax |
| VAT on Crypto | No |
Wallis and Futuna has its own tax system set by the Territorial Assembly; the French General Tax Code does not apply. There is no personal income tax, no corporate income tax and no VAT, so crypto gains are not taxed locally.
| Required | No |
| Regulator | AMF |
| Framework | French digital asset service provider (PSAN) regime, Code monetaire et financier art. L. 54-10-1 et seq. (PACTE Law No. 2019-486), as extended to the French Pacific territories |
Enforcement focused on unlicensed operators and consumer protection
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | Yes |
| FATF Status | compliant |
| FATF Body | FATF |
| 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 | $0.25/kWh |
| Renewable Energy | 15% |
| Infrastructure | fair |
Mining is legal but limited by relatively high electricity costs and moderate renewable energy share.
| Stability | stable |
| Sanctions | No |
| Corruption Index | 45/100 |
| Banking Access | moderate |
| Sanctions Program Active | No |
Risk Factors
Wallis and Futuna is a small French overseas collectivity with stable governance and no international sanctions. Its remote location and limited infrastructure pose challenges for crypto business development.
Crypto-assets are not legal tender in Wallis and Futuna, where the CFP franc is the sole legal tender. Digital asset services are reserved to service providers registered with the French Autorite des marches financiers (PSAN) and established in France; offering such services without registration is an offence. The Institut d'emission d'outre-mer (IEOM), the note-issuing central bank for the French Pacific territories, issued a public warning to crypto users in December 2023.
Wallis and Futuna is classified by FATF as: compliant.
KYC is mandatory for crypto businesses.
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Explore IT Services →Last reviewed: 2026-09-26 · Data source: Soken Crypto Legal Map
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