North Korea

North Korea has no specific cryptocurrency regulation.

Overview

StatusBanned
Risk Score95/100 (Very High Risk)
Regionasia pacific
CurrencyKPW

Tax

Capital Gains (Personal)N/A
Capital Gains (Corporate)N/A
VAT on CryptoNo
Staking TaxN/A
Airdrop TaxN/A

No crypto-specific tax guidance available.

Licensing

RequiredNo
RegulatorN/A
FrameworkComprehensive international sanctions; crypto activity state-directed for sanctions evasion
Easevery_complex
CostN/A

DeFi

Status: Banned

Stablecoins

Status: Banned

NFTs

Status: Banned

Mining

LegalNo
Electricity$0.04/kWh
Renewable35%
Infrastructurevery_poor

Crypto mining is banned in North Korea; electricity cost is low but infrastructure is very poor and mining is state-controlled or prohibited.

Geopolitics

Stabilityvery_unstable
SanctionsYes
Corruption Index17/100
Banking Accessvery_restricted

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

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