🏛️ Gulf Cooperation Council

GCC member states (SA, AE, BH, KW, QA, OM) each regulate crypto independently. No unified GCC framework exists yet, but coordinated AML standards are emerging.

Overview

StatusLegal
Risk Score30/100 (Moderate Risk)
Regionsupranational
CurrencyUSD

Tax

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

RequiredNo
FrameworkNo crypto framework
EaseN/A
CostN/A

DeFi

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$0.15/kWh
Renewable20%
Infrastructuregood

Mining is legal across GCC countries with moderate electricity costs and arid climate affecting cooling. Infrastructure is generally good due to advanced data centers and internet connectivity.

Geopolitics

Stabilitystable
SanctionsNo
Corruption Index55/100
Banking Accessmoderate

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

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