What is Trinidad and Tobago's FATF status?

Trinidad and Tobago is classified by FATF as: fsrb_only.

Are VASPs licensed in Trinidad and Tobago?

Yes — licensing is required for VASPs.

What is the AML/KYC regime in Trinidad and Tobago?

KYC is mandatory for crypto businesses.

🇹🇹 Trinidad and Tobago

Trinidad and Tobago maintains a legal and regulated environment for cryptocurrency, supported by the Joint Regulatory Innovation Hub and a Regulatory Sandbox to foster fintech innovation. The Central Bank actively promotes financial stability and fintech development through clear strategic initiatives.

Overview

Status	Legal
Risk Score	40/100 (Moderate Risk)
Region	caribbean
Currency	TTD

Tax Information

Capital Gains (Personal)	No capital gains tax
Capital Gains (Corporate)	30% corporate tax
VAT on Crypto	No
Staking Tax	No specific guidance
Airdrop Tax	No specific guidance

No capital gains tax in Trinidad and Tobago.

Licensing & Registration

Required	Yes
Regulator	CBTT / TTSEC
Framework	Joint Regulatory Innovation Hub
Ease	medium

Licensing is managed through a collaborative regulatory innovation hub involving multiple supervisory authorities, facilitating fintech and crypto service providers under a structured framework.

Enforcement Activity

Level: Low

Consumer warnings issued.

AML / KYC

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

DeFi, Stablecoins & NFTs

Status: unregulated

DeFi activities are currently unregulated but operate within the broader fintech innovation framework, with ongoing monitoring by regulators.

Stablecoins

Status: no_rules

No specific regulatory framework for stablecoins has been established yet, though stablecoins are monitored under general fintech regulations.

NFTs

Status: no_rules

No regulation.

Mining

Legal	Yes
Electricity Cost	$0.04/kWh
Renewable Energy	2%
Infrastructure	fair

Mining is legal with relatively low electricity costs but limited renewable energy usage; infrastructure is adequate but not advanced.

Geopolitical Risk

Stability	stable
Sanctions	No
Corruption Index	45/100
Banking Access	moderate

Risk Factors

regional economic volatility
energy price fluctuations

Trinidad and Tobago enjoys political stability and moderate ease of doing business, with no international sanctions. Corruption levels are moderate, and internet freedom is rated free.