🇲🇸 Montserrat

No specific cryptocurrency regulations or frameworks are mentioned for Montserrat. The regulatory stance on crypto remains unclear based on the provided information.

Overview

Statusunknown
Risk Score50/100 (Moderate Risk)
Regioncaribbean
CurrencyXCD

Tax Information

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.

Licensing & Registration

RequiredNo
RegulatorECCB
FrameworkNo specific crypto framework
Easeeasy

ECCB launched DCash pilot.

Enforcement Activity

Level: None

No known enforcement.

AML / KYC

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

DeFi, Stablecoins & NFTs

Status: Unclear

No regulation.

Stablecoins

Status: no_rules

ECCB DCash pilot.

NFTs

Status: no_rules

No regulation.

Mining

LegalYes
Electricity Cost$0.3/kWh
Renewable Energy10%
Infrastructurepoor

Electricity costs are high compared to global averages; limited renewable energy and poor infrastructure make mining less competitive.

Geopolitical Risk

Stabilitystable
SanctionsNo
Corruption Index45/100
Banking Accessmoderate

Risk Factors

Montserrat is a small Caribbean territory with moderate political stability and no international sanctions. The economy is limited in scale with moderate ease of doing business and some internet restrictions.

Sources

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

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