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Is crypto legal in Andorra?

Cryptocurrency is legal in Andorra, but subject to regulatory restrictions.

Southern Europe · AD · 1 of 9 dimensions sourced

Every value below cites the primary government, central bank, financial regulator, or tax authority. How this is sourced →

Andorra crypto policy at a glance

CBDC status
Not yet recorded

Stage of the central bank digital currency programme — research, pilot, or launched.

Legal status
Legal, with restrictions

Whether crypto is legal, restricted, or banned for individuals and businesses.

“The AFA warns that virtual currencies are not legal tender and are not subject to prudential supervision in Andorra. Entities supervised by the AFA must obtain the corresponding authorization before carrying out activities related to virtual assets.”
Autoritat Financera Andorrana (AFA) ↗ · as of 2021-10-15 · confidence: low
VASP licensing
Not yet recorded

Whether the jurisdiction licenses crypto/VASP service providers.

Stablecoin rules
Not yet recorded

Rules governing stablecoin and e-money-token issuance.

Tax treatment
Not yet recorded

How crypto gains are taxed and reported, including OECD CARF participation.

DeFi treatment
Not yet recorded

How decentralized finance (DeFi) is treated by regulators.

NFT classification
Not yet recorded

Whether NFTs are addressed in regulation.

Mining policy
Not yet recorded

Policy toward crypto mining — permitted, restricted, or banned.

Enforcement intensity
Not yet recorded

Intensity of regulatory enforcement actions against crypto firms.

Explore Andorra and compare it with other countries on the interactive crypto policy map →

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