What is Qatar's FATF status?

Qatar is classified by FATF as: fsrb_only.

Are VASPs licensed in Qatar?

Yes — licensing is required for VASPs.

What is the AML/KYC regime in Qatar?

KYC is mandatory for crypto businesses.

Qatar

Qatar has a restricted regulatory stance on cryptocurrencies, with specific regulations under the QFC Digital Assets Regulations 2024. Crypto mining is banned in the country.

Overview

Status	Restricted
Risk Score	55/100 (High Risk)
Region	middle east
Currency	QAR

Tax Information

Capital Gains (Personal)	0% - no personal income tax
Capital Gains (Corporate)	10% CIT on crypto business profits
VAT on Crypto	No
Staking Tax	No personal tax; corporate income at 10%
Airdrop Tax	No personal tax

No crypto-specific tax guidance available.

Licensing & Registration

Required	Yes
Regulator	QCB / QFCRA
Framework	QFC Digital Assets Regulations 2024
Ease	medium
Cost (USD)	$30,000 - $100,000

Licensing is regulated under the Qatar Financial Centre framework with specific requirements for digital asset service providers.

Enforcement Activity

Level: Moderate

No detailed enforcement information available

AML / KYC

KYC Required	Yes
Travel Rule	Yes
FATF Member	No
FATF Status	fsrb_only
FATF Body	MENAFATF
Suspicious-Activity Reporting	Yes

DeFi, Stablecoins & NFTs

Status: Restricted

DeFi activities are restricted under current regulations, with limited clarity on decentralized finance operations.

Stablecoins

Status: Restricted

Stablecoins are subject to regulatory restrictions and oversight under the QFC Digital Assets Regulations.

NFTs

Status: unregulated

Mining

Legal	No
Electricity Cost	$0.032/kWh
Renewable Energy	1%
Infrastructure	good

Crypto mining is banned in Qatar. Electricity costs are low but mining is prohibited by law.

Geopolitical Risk

Stability	stable
Sanctions	No
Corruption Index	63/100
Banking Access	moderate

Risk Factors

regional geopolitical tensions
capital controls potential

Qatar is politically stable with a strong economy and good infrastructure. It is not under international sanctions but regional tensions pose some risk.