Wallis and Futuna

Wallis and Futuna is a French overseas collectivity (Collectivité d'outre-mer) that applies French crypto laws including the PSAN/DASP framework under AMF supervision. However, as an EU Overseas Country and Territory (OCT), MiCA does not automatically apply — EU law generally does not extend to OCTs. The IEOM issues the CFP franc (XPF, pegged to EUR) and oversees monetary policy. No local dedicated crypto law exists; financial regulation follows French national frameworks as applied to overseas collectivities, with some adaptations. Crypto is legal and unprohibited.

Overview

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

Tax Information

Capital Gains (Personal)No specific guidance
Capital Gains (Corporate)No specific guidance
VAT on CryptoNo
Staking TaxNo specific guidance
Airdrop TaxNo specific guidance

No crypto-specific tax guidance available.

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 RequiredNo
Travel RuleNo
FATF MemberNo
FATF Statusnon_compliant
FATF BodyFATF
Suspicious-Activity ReportingNo

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%
Infrastructurepoor

Electricity costs are high and renewable energy share is low. Infrastructure for mining is limited due to remote island conditions.

Geopolitical Risk

Stabilitystable
SanctionsNo
Corruption Index55/100
Banking Accessrestricted

Risk Factors

Wallis and Futuna is a French overseas collectivity with stable governance but limited local infrastructure and banking access for crypto businesses.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Wallis and Futuna?

Wallis and Futuna is a French overseas collectivity (Collectivité d'outre-mer) that applies French crypto laws including the PSAN/DASP framework under AMF supervision. However, as an EU Overseas Country and Territory (OCT), MiCA does not automatically apply — EU law generally does not extend to OCTs. The IEOM issues the CFP franc (XPF, pegged to EUR) and oversees monetary policy. No local dedicated crypto law exists; financial regulation follows French national frameworks as applied to overseas

What is the FATF status of Wallis and Futuna?

Wallis and Futuna is classified by FATF as: non_compliant.

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

KYC is not universally mandated.

Need help with Wallis and Futuna crypto regulation?

Soken combines Web3 security engineering and crypto-legal counsel — two specialised tracks, one team. Pick the side that matches your need.

Legal & Corporate

Crypto Legal & Compliance

VASP licensing, jurisdiction analysis, AML/KYC, legal opinions, company registration and banking access.

Explore Legal Services →
IT & Security

Web3 Security & Development

Smart-contract audits, penetration testing, Web3 development, AI/LLM security audits.

Explore IT Services →

Last reviewed: 2026-06-01 · Data source: Soken Crypto Legal Map

← Back to Crypto Map