🇨🇻 Cape Verde

Cape Verde has no specific crypto regulation. The Banco de Cabo Verde has not issued formal guidance.

Overview

Statusunknown
Risk Score55/100 (High Risk)
Regionafrica west
CurrencyCVE

Tax Information

Capital Gains (Personal)No specific guidance
Capital Gains (Corporate)22% corporate tax
VAT on CryptoNo
Staking TaxNo specific guidance
Airdrop TaxNo specific guidance

No crypto-specific tax guidance.

Licensing & Registration

RequiredNo
RegulatorBCV
FrameworkNo crypto framework

No crypto licensing framework. Small island economy.

Enforcement Activity

Level: None

No known enforcement actions.

AML / KYC

KYC RequiredYes
Travel RuleNo
FATF MemberNo
FATF Statuspartially_compliant
FATF BodyGIABA
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: Unclear

No regulation.

Stablecoins

Status: no_rules

No framework.

NFTs

Status: no_rules

No regulation.

Mining

LegalYes
Electricity Cost$0.25/kWh
Renewable Energy15%
Infrastructurefair

Electricity costs are relatively high; infrastructure is developing but limited for large-scale mining.

Geopolitical Risk

Stabilitymoderate
SanctionsNo
Corruption Index33/100
Banking Accessmoderate

Risk Factors

Cape Verde is politically stable with moderate ease of doing business. No international sanctions apply. Corruption is moderate and internet freedom is partly free.

Sources

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

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