What is Vatican City's FATF status?

Vatican City is classified by FATF as: compliant.

What is the AML/KYC regime in Vatican City?

KYC is mandatory for crypto businesses.

🇻🇦 Vatican City

Vatican City has no crypto-specific legislation. The AIF (Financial Intelligence Authority) oversees financial supervision including AML. Crypto activities in the Vatican are practically non-existent due to its unique nature as a city-state.

Overview

Status	unknown
Risk Score	50/100 (Moderate Risk)
Region	europe
Currency	EUR

Tax Information

Capital Gains (Personal)	N/A - no personal taxation system for residents
Capital Gains (Corporate)	N/A
VAT on Crypto	No
Staking Tax	No specific guidance
Airdrop Tax	No specific guidance

Vatican City has no standard taxation system. Financial activity is minimal and highly controlled.

Licensing & Registration

Required	No
Regulator	AIF / ASIF
Framework	No crypto-specific legislation

No crypto-specific regulation. Commercial activity is extremely limited in Vatican City.

Enforcement Activity

Level: Low

No significant enforcement actions reported

AML / KYC

KYC Required	Yes
Travel Rule	Yes
FATF Member	No
FATF Status	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	$0.2/kWh
Renewable Energy	30%
Infrastructure	poor

Vatican City has no known crypto mining activity or specific regulations; electricity cost is high and infrastructure is minimal due to its small size and urban nature.

Geopolitical Risk

Stability	very_stable
Sanctions	No
Corruption Index	85/100
Banking Access	restricted

Risk Factors

limited infrastructure
small market size

Vatican City is politically stable with very low corruption and free internet, but banking access for crypto companies is restricted and infrastructure is minimal due to its unique status and size.