🇵🇲 Saint Pierre and Miquelon

Saint Pierre and Miquelon follows French crypto regulations under the AMF and MiCA framework, providing a clear legal environment for crypto activities.

Overview

StatusLegal
Risk Score28/100 (Moderate Risk)
Regioncaribbean
CurrencyEUR

Tax Information

VAT on CryptoNo

No explicit tax details provided on the regulator page; VAT does not apply to crypto transactions.

Licensing & Registration

RequiredYes
RegulatorAMF / ACPR
FrameworkMarkets in Crypto-Assets Regulation (MiCA) and French PACTE Law
Easemedium
Cost (USD)$50,000 - $300,000

Licensing follows French regulatory standards with PSAN licenses required for crypto service providers.

Enforcement Activity

Level: Moderate

AMF enforcement applies.

AML / KYC

KYC RequiredYes
Travel RuleYes
FATF MemberNo
FATF Statusfsrb_only
FATF BodyFATF
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: regulated

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

Stablecoins

Status: regulated

Stablecoins are regulated under MiCA and French financial regulations.

NFTs

Status: Unclear

MiCA NFT provisions apply.

Mining

LegalYes
Electricity Cost$0.28/kWh
Renewable Energy10%
Infrastructuregood

Mining is legal with moderate electricity costs and limited renewable energy share. Infrastructure is good due to French oversight.

Geopolitical Risk

Stabilitystable
SanctionsNo
Corruption Index70/100
Banking Accessopen

As a French overseas territory, it benefits from stable governance, good infrastructure, and no sanctions.

Sources

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

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