Wallis and Futuna

Wallis and Futuna operates under the IEOM, the central bank for French Pacific territories, with no specific crypto regulatory framework. The franc Pacifique is the sole legal tender, and monetary policy is centrally managed by IEOM.

Overview

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

Tax Information

VAT on CryptoNo

Licensing & Registration

RequiredNo
RegulatorAMF / IEOM (Institut d'emission d'outre-mer)
FrameworkNo crypto framework

Enforcement Activity

Level: Moderate

Enforcement focused on unlicensed operators and consumer protection

AML / KYC

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

DeFi, Stablecoins & NFTs

Status: Unclear

No specific DeFi regulation

Stablecoins

Status: no_rules

No specific stablecoin framework

NFTs

Status: no_rules

No specific NFT regulation

Mining

LegalYes
Electricity Cost$0.25/kWh
Renewable Energy15%
Infrastructurefair

Mining is legal but limited by relatively high electricity costs and moderate renewable energy share.

Geopolitical Risk

Stabilitystable
SanctionsNo
Corruption Index45/100
Banking Accessmoderate
Sanctions Program ActiveNo

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.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Wallis and Futuna?

Wallis and Futuna operates under the IEOM, the central bank for French Pacific territories, with no specific crypto regulatory framework. The franc Pacifique is the sole legal tender, and monetary policy is centrally managed by IEOM.

What is the FATF status of Wallis and Futuna?

Wallis and Futuna is classified by FATF as: compliant.

What is the AML/KYC regime in Wallis and Futuna?

KYC is mandatory for crypto businesses.

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Last reviewed: 2026-09-26 · Data source: Soken Crypto Legal Map

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