Marshall Islands

The Marshall Islands maintains a crypto-friendly stance with no explicit restrictive regulations found on the judiciary page. The judiciary site focuses on legal resources and court procedures without specific crypto legislation.

Overview

Statuscrypto_friendly
Risk Score15/100 (Low Risk)
Regionasia pacific
CurrencyUSD

Tax Information

VAT on CryptoNo

No explicit tax rates or rules for cryptocurrency are stated in the provided regulatory text.

Licensing & Registration

RequiredNo
RegulatorBanking Commission
Easeeasy
Cost (USD)$5,000 - $15,000

No licensing framework or requirements for crypto businesses are mentioned in the judiciary's resources.

Enforcement Activity

Level: Moderate

No detailed enforcement information available

AML / KYC

KYC RequiredNo
Travel RuleNo
FATF MemberNo
FATF Statusfsrb_only
FATF BodyAPG
Suspicious-Activity ReportingNo

DeFi, Stablecoins & NFTs

Status: Unclear

No explicit information on DeFi regulation is provided in the judiciary resources.

Stablecoins

Status: unknown

No information on stablecoin regulation is available from the provided text.

NFTs

Status: unregulated

Mining

LegalYes
Electricity Cost$0.3/kWh
Renewable Energy15%
Infrastructurefair

Mining is legal but electricity costs are relatively high; infrastructure is fair given island conditions.

Geopolitical Risk

Stabilitystable
SanctionsNo
Corruption Index45/100
Banking Accessmoderate

Risk Factors

Marshall Islands is politically stable with moderate ease of doing business and no international sanctions. Risks include climate change impacts and limited infrastructure.

Sources

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

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