Oman

Regulated Confirmed Verified August 25, 2026

VASPs operating in Oman must register and implement AML/CFT controls; the wider virtual-assets framework continues to develop under the FSA.

2

Total Laws (incl. applicable EU-wide)

0

Effective Laws

At a Glance

Is holding crypto allowed?

Allowed

Allowed

Is crypto trading allowed?

Regulated

Regulated

Is P2P trading allowed?

Regulated

Regulated

Are crypto payments allowed?

Regulated

Regulated

Is crypto legal tender?

No

No

Is mining allowed?

Allowed

Allowed

Is staking allowed?

Regulated

Regulated

Is DeFi participation allowed?

Regulated

Regulated

Are stablecoins allowed or regulated?

Regulated

Regulated

Activity Status Matrix

ActivityStatusDetails
Holding CryptoAllowedIs holding crypto allowed?
Crypto TradingRegulatedIs crypto trading allowed?
P2P TradingRegulatedIs P2P trading allowed?
Crypto PaymentsRegulatedAre crypto payments allowed?
Legal TenderNoIs crypto legal tender?
MiningAllowedIs mining allowed?
StakingRegulatedIs staking allowed?
DeFiRegulatedIs DeFi participation allowed?
StablecoinsRegulatedAre stablecoins allowed or regulated?
NFTsAllowedAre NFTs allowed or regulated?
Token LaunchesRegulatedAre token launches allowed?
Crypto AdvertisingRegulatedIs crypto advertising allowed?
Banking AccessRegulatedDo crypto businesses have banking access?

Regulation Overview

VASPs operating in Oman must register and implement AML/CFT controls; the wider virtual-assets framework continues to develop under the FSA. The controlling reference is Instructions for Registration of Virtual Asset Service Providers (Decision E/35/2023). Financial Services Authority Oman is the principal authority identified for the national or regional perimeter. Crypto is not sovereign legal tender; separate securities, payments, foreign-exchange, consumer, sanctions and tax rules may apply according to the token and activity.

Tax Information

Tax treatment in Oman depends on the taxpayer, source of income and activity. Disposals, rewards, mining, staking, employment receipts and business use may be treated differently; confirm current rates, valuation rules, reporting and indirect-tax treatment with Tax Authority Oman.

Individual Tax Treatment

Individuals should retain acquisition cost, disposal value, wallet and exchange histories, transaction hashes and local-currency valuations. Check income, capital, wealth, gift, inheritance and foreign-asset reporting rules with Tax Authority Oman.

Business Tax Treatment

Businesses should account for crypto revenue, gains, losses, custody liabilities, payroll and expenses under ordinary company and accounting law. Tax registration, invoices, withholding, VAT or sales tax and cross-border reporting remain separate obligations.
Tax Authority Oman

Business & Licensing

Covered exchanges, brokers, custodians, transfer providers, token issuers or other VASPs must obtain the licence, registration or approval required by Financial Services Authority Oman before operating or targeting local customers.

AML / KYC Requirements

Covered firms must apply customer and beneficial-owner identification, risk classification, sanctions screening, transaction monitoring, recordkeeping and suspicious-transaction reporting under national AML/CFT rules.

Primary Regulator

Financial Services Authority Oman

fsa.gov.om

Crypto Laws & Regulations in Oman