Monaco has a clear regulatory framework for financial activities including digital assets, supervised by the Commission de Contrôle des Activités Financières (CCAF). The jurisdiction enforces licensing and AML standards consistent with international norms.
| Status | Legal |
| Risk Score | 25/100 (Low Risk) |
| Region | europe |
| Currency | EUR |
| Adoption Rank | #41 |
| VAT on Crypto | No |
| Required | Yes |
| Regulator | CCAF |
| Framework | Law No. 1.528 on Digital Assets (2022) |
| Ease | medium |
| Cost | $50,000 - $200,000 |
Licensing is managed by the CCAF with formal application and documentation requirements. Only authorized entities may offer financial services including portfolio management and investment advice.
Status: Unclear
No explicit information on DeFi regulation was found in the source text.
Status: unknown
No specific stablecoin regulatory information was provided.
Status: no_rules
No specific NFT regulation
| Legal | Yes |
| Electricity | $0.16/kWh |
| Renewable | 30% |
| Infrastructure | good |
Mining is legal with moderate electricity costs and 30% renewable energy. Monaco has good infrastructure for data centers and internet connectivity.
| Stability | very_stable |
| Sanctions | No |
| Corruption Index | 75/100 |
| Banking Access | open |
Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map
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