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Is crypto legal in Comoros? Rules & regulation (2026)

Crypto is unclear in Comoros.

The Union of Comoros has no enacted national legislation specifically governing cryptocurrency or digital assets. The Banque Centrale des Comores has repeatedly warned that licenses issued by the autonomous islands' offshore authorities (AOFA and MISA) are fictitious and legally invalid, a position reaffirmed in December 2025. There is no formal licensing, tax, or investor-protection regime for crypto at the Union level.

Last verified Official sources first · MethodologyCompare Comoros with other countries

Legal framework

Banque Centrale des Comores (BCC) holds sole legitimate regulatory authority under Union law; no enacted Union-level crypto or digital-asset law exists. Autonomous islands Anjouan (AOFA) and Mwali (MISA) sell offshore crypto licenses that the Union government and international bodies do not recognise.

Status by sub-area

  • Stablecoins

    None

    There is no Union-level framework governing stablecoin issuance, reserve backing, redemption rights, or attestation in Comoros. No issuer authorisation regime exists at the central-government level.

  • Exchanges / VASP

    Unclear

    The autonomous islands Anjouan and Mwali market offshore VASP and exchange licenses through AOFA and MISA respectively, but the BCC and Union government declare these authorities have no legal standing. No legitimate Union-level VASP licensing framework has been enacted.

  • Token Offerings

    None

    Comoros has no Union-level legal framework classifying or regulating token sales, ICOs, or STOs. No securities-law treatment, prospectus requirement, or investor exemption regime for token offerings exists.

  • Custody

    None

    No Union-level rules govern the custody of client crypto assets, including segregation, qualified-custodian standards, proof of reserves, or insurance requirements. Offshore island authorities have marketed custody-related licenses but these carry no legal force under Union law.

  • DeFi

    None

    Comoros has no regulatory framework addressing decentralised finance protocols, DAOs, or DeFi front-ends. The BCC and Union government have made no public statements or enforcement actions specifically targeting DeFi.

  • Tax

    Unclear

    No publicly available legislation or official guidance specifically addresses the tax treatment of cryptocurrency gains, income, staking rewards, airdrops, or mining in Comoros. General tax applicability to crypto remains undefined and unpublished.

Key points: crypto & digital assets in Comoros

  1. No Union-level crypto law

    The Union of Comoros has not enacted any legislation specifically regulating cryptocurrency exchanges, stablecoins, token offerings, or custody services at the national level as of May 2026.

    financemagnates.com

  2. BCC warnings against offshore crypto licenses

    In June 2022, the BCC issued a communiqué warning against fictitious structures claiming to issue financial licenses in the Union; this was re-published as a reminder by the Ministry of Finance in December 2025.

    banque-comores.km financemagnates.com

  3. IMF and World Bank flagging of offshore schemes

    The World Bank and IMF have flagged offshore banking and licensing schemes emanating from Comoros autonomous islands as illegal, breaching Union law that assigns financial regulation solely to the central government.

    legalbison.com financemagnates.com

  4. MetaQuotes blocked Comoros-licensed brokers

    MetaQuotes stopped issuing MetaTrader platform licenses to brokers registered in the Union of Comoros, disrupting dozens of offshore firms that had relied on Anjouan/Mwali crypto and forex licenses.

    financemagnates.com

  5. FATF grey-list status

    As of February 2026, Comoros does not appear on the FATF grey list (Jurisdictions Under Increased Monitoring), though no comprehensive Union-level VASP AML/CFT framework is in place.

    scorechain.com

  6. BCC issues first digital-bank licence (2026)

    In February 2026, Axian received a decentralised digital financial institution (IFDD) licence directly from the BCC, the first such licence from the central bank, signalling nascent Union-level digital-finance activity.

    agenceecofin.com

Sources

  1. financemagnates.com/forex/is-the-end-of-the-comoros-license-mirage-coming/
  2. financemagnates.com/forex/metaquotes-starts-to-block-comoros-regulated-brokers/
  3. banque-comores.km/
  4. legalbison.com/crypto-license/anjouan/
  5. scorechain.com/blog/fatf-black-and-grey-list-update-february-2026
  6. fatf-gafi.org/en/publications/Fatfrecommendations/targeted-update-virtual-assets-va
  7. agenceecofin.com/actualites-numerique/2702-136206-comores-axian-decroche-une-licence-d

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Orientation, not legal advice: verify against the primary sources linked above. Last verified 25 May 2026. Methodology & how to cite · State of Technology Regulation 2026