What is Saint Barthelemy's FATF status?

Saint Barthelemy is classified by FATF as: fsrb_only.

Are VASPs licensed in Saint Barthelemy?

Yes — licensing is required for VASPs.

What is the AML/KYC regime in Saint Barthelemy?

KYC is mandatory for crypto businesses.

🇧🇱 Saint Barthelemy

Saint Barthelemy follows French crypto regulations including the Markets in Crypto-Assets Regulation (MiCA) and the French PACTE Law, with the AMF overseeing investor protection and market functioning. The transitional period for providing crypto services without authorization under MiCA ends July 1, 2026.

Overview

Status	Legal
Risk Score	28/100 (Moderate Risk)
Region	caribbean
Currency	EUR

Tax Information

Capital Gains (Personal)	30% flat tax (PFU) on crypto gains (French law)
Capital Gains (Corporate)	25% corporate tax (French law)
VAT on Crypto	No
Staking Tax	French tax rules apply
Airdrop Tax	French tax rules apply

French tax law applies. 30% flat tax (PFU) on crypto gains for individuals.

Licensing & Registration

Required	Yes
Regulator	AMF / ACPR
Framework	Markets in Crypto-Assets Regulation (MiCA)
Ease	medium
Cost (USD)	$50,000 - $300,000

Crypto service providers must obtain PSAN authorization under MiCA to operate legally after July 1, 2026.

Enforcement Activity

Level: Moderate

AMF enforcement applies.

AML / KYC

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

DeFi, Stablecoins & NFTs

Status: regulated

DeFi activities are regulated under the broader MiCA framework and French financial regulations.

Stablecoins

Status: regulated

Stablecoins are regulated under MiCA and French financial laws, requiring compliance with authorization and transparency rules.

NFTs

Status: Unclear

MiCA NFT provisions apply.

Mining

Legal	Yes
Electricity Cost	$0.28/kWh
Renewable Energy	10%
Infrastructure	fair

Mining is legal but electricity costs are relatively high; infrastructure is fair due to island limitations.

Geopolitical Risk

Stability	stable
Sanctions	No
Corruption Index	70/100
Banking Access	moderate

Risk Factors

high electricity costs
limited infrastructure
small market size

Saint Barthelemy benefits from political stability and EU regulatory alignment but faces challenges from high energy costs and limited infrastructure for crypto businesses.