🇬🇲 Gambia

The regulator page does not provide explicit information on cryptocurrency regulation in The Gambia. The Central Bank of The Gambia focuses on traditional financial system oversight and currency valuation.

Overview

Statusunknown
Risk Score65/100 (High Risk)
Regionafrica west
CurrencyGMD

Tax Information

Capital Gains (Personal)No specific guidance
Capital Gains (Corporate)31% corporate tax
VAT on CryptoNo
Staking TaxNo specific guidance
Airdrop TaxNo specific guidance

No crypto-specific tax guidance.

Licensing & Registration

RequiredNo
RegulatorCBG

No specific licensing framework for crypto or virtual assets mentioned.

Enforcement Activity

Level: None

No known enforcement actions.

AML / KYC

KYC RequiredNo
Travel RuleNo
FATF MemberNo
FATF Statuspartially_compliant
FATF BodyGIABA
Suspicious-Activity ReportingNo

DeFi, Stablecoins & NFTs

Status: Unclear

No regulation.

Stablecoins

Status: no_rules

No framework.

NFTs

Status: no_rules

No regulation.

Mining

LegalYes
Electricity Cost$0.18/kWh
Renewable Energy15%
Infrastructurepoor

Electricity costs are relatively high and renewable energy share is low. Infrastructure for mining is underdeveloped.

Geopolitical Risk

Stabilitymoderate
SanctionsNo
Corruption Index31/100
Banking Accessrestricted

Risk Factors

The Gambia has moderate political stability but faces challenges including corruption and limited banking access for crypto businesses.

Sources

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

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