The Bahamas has a crypto-friendly regulatory environment with a clear legal framework under the Digital Assets and Registered Exchanges Act (DARE Act 2020). The Securities Commission of The Bahamas oversees digital assets alongside other financial regulations.
| Status | crypto_friendly |
| Risk Score | 20/100 (Low Risk) |
| Region | caribbean |
| Currency | BSD |
| Capital Gains (Personal) | 0% (no income or capital gains tax) |
| Capital Gains (Corporate) | 0% (no corporate tax) |
| VAT on Crypto | No |
| Required | Yes |
| Regulator | SCB |
| Framework | Digital Assets and Registered Exchanges Act (DARE Act 2020) |
| Ease | medium |
| Cost | $20,000 - $150,000 |
Licensing is required under the DARE Act for digital asset businesses and exchanges, with a structured regulatory framework in place.
Status: regulated
DeFi activities are regulated under the DARE Act, requiring compliance with AML and licensing provisions.
Status: regulated
Stablecoins are regulated under the DARE Act with specific provisions for issuance and operation.
Status: no_rules
No NFT-specific regulation under DARE Act.
| Legal | Yes |
| Electricity | $0.3/kWh |
| Renewable | 10% |
| Infrastructure | fair |
Mining is legal but electricity costs are relatively high compared to global averages, with limited renewable energy penetration.
| Stability | stable |
| Sanctions | No |
| Corruption Index | 55/100 |
| Banking Access | moderate |
Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map
← Back to Crypto Map