What is North Macedonia's FATF status?

North Macedonia is classified by FATF as: partially_compliant.

What is the AML/KYC regime in North Macedonia?

KYC is mandatory for crypto businesses.

🇲🇰 North Macedonia

North Macedonia has no specific crypto legislation. The National Bank has issued warnings. Crypto activities exist in a legal grey area as an EU candidate country.

Overview

Status	unknown
Risk Score	55/100 (High Risk)
Region	europe
Currency	MKD

Tax Information

Capital Gains (Personal)	10% personal income tax may apply
Capital Gains (Corporate)	10% corporate tax
VAT on Crypto	No
Staking Tax	No specific guidance
Airdrop Tax	No specific guidance

No specific crypto tax framework. Standard 10% tax rates may apply.

Licensing & Registration

Required	No
Regulator	NBRM
Framework	No specific crypto legislation

No crypto licensing regime. NBRM has warned against crypto transactions.

Enforcement Activity

Level: Low

No significant enforcement actions reported

AML / KYC

KYC Required	Yes
Travel Rule	No
FATF Member	No
FATF Status	partially_compliant
FATF Body	MONEYVAL
Suspicious-Activity Reporting	Yes

DeFi, Stablecoins & NFTs

Status: Unclear

No specific DeFi regulation

Stablecoins

Status: no_rules

No specific stablecoin framework

NFTs

Status: no_rules

No specific NFT regulation

Mining

Legal	Yes
Electricity Cost	$0.07/kWh
Renewable Energy	30%
Infrastructure	fair

Electricity costs are moderate; renewable energy share is significant. Infrastructure is fair but not leading in Europe.

Geopolitical Risk

Stability	moderate
Sanctions	No
Corruption Index	36/100
Banking Access	moderate

Risk Factors

regional political tensions
capital controls risk
corruption

North Macedonia has moderate political stability with ongoing reforms. No major international sanctions. Corruption remains a challenge, and banking access for crypto firms is moderate.