Bhutan

Bhutan has no specific cryptocurrency regulation.

Overview

StatusLegal
Risk Score30/100 (Moderate Risk)
Regionsouth asia
CurrencyBTN

Tax

Capital Gains (Personal)0% - no capital gains tax
Capital Gains (Corporate)25% CIT (30% for mining and manufacturing)
VAT on CryptoNo
Staking TaxNo personal tax
Airdrop TaxNo personal tax

No crypto-specific tax guidance available.

Licensing

RequiredNo
RegulatorRMA
FrameworkNo specific crypto framework; government directly involved in Bitcoin mining via Druk Holding & Investments
Easemoderate
CostN/A

DeFi

Status: unregulated

Stablecoins

Status: unregulated

NFTs

Status: unregulated

Mining

LegalYes
Electricity$0.032/kWh
Renewable100%
Infrastructurefair

Bhutan has abundant hydropower resources providing very low-cost, 100% renewable electricity. The government is directly involved in Bitcoin mining via Druk Holding & Investments, supporting mining legality and infrastructure.

Geopolitics

Stabilitystable
SanctionsNo
Corruption Index60/100
Banking Accessmoderate

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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