--- title: "KM-M Crypto Regulation Monitor | cryptoassets.gi" canonical: https://cryptoassets.gi/jurisdictions/km-m-crypto-digital-asset-regulation/ source_html: /jurisdictions/comoros-moheli-mwali/index.html description: "KM-M crypto asset regulation: 8 categories, 16 sourced findings, updated 2026-10-25. Licensing, token classification, stablecoins, tax treatment." generated_at: 2026-11-07T14:19:44Z content_sha256: b201ee601f09f110bf99622677f890a42c8a4f34f4e78aa09880e94931c70525 generator: "fe-fleet/md-twin@1.0" --- # KM-M Crypto & Digital Asset Regulation schema crypto-v2.0.0 trajectory: not yet assessed unregulated gap overlaps: [Sentinel (AML/CFT)](https://sentinel.gi/jurisdictions/comoros-moheli-mwali/) Last updated 2026-10-25 · 8 categories · 16 sourced findings · 5 sources in the cumulative register Download report (PDF) Expand all Evidence re-verified: 2026-10-25 · Position last changed: 2026-10-25 · Record history & provenance ▾ Methodology & record provenance: Module confidence is derived from the underlying claims (source tier and primary excerpt retention), while statutory legal force is tracked independently. Review status: AI-synthesised · Tier-1/2 verified · As-of date: 2026-10-26 [Open in Co-Pilot ↗](/reports/?type=copilot&j=COMOROS-MOHELI-MWALI)[Build Report](/reports/?j=COMOROS-MOHELI-MWALI)[Compare](/compare/?j=COMOROS-MOHELI-MWALI) Framework posture Unregulated gap 8 of 9 modules populated · AI-synthesised · Tier-1/2 verified Lead supervisory authority GIABA / FATF Primary statutory & supervisory perimeter Next milestone (> 2026-10-26) None scheduled No dated future statutory milestone on record Module coverage & confidence 8 / 9 modules assessed 0 Confirmed · 8 Probable · 0 Uncertain · 1 Not yet assessed 8 Categories 0 Moved this cycle 0 Key judgments 2 Open gaps 16 Findings 1 Tier-1 sources Confidence mix 8 unpopulated (sums to 8 rendered categories; click to filter) No categories moved this cycle. ## Jurisdiction brief Standing operating brief 401 words KM-M operates under a unregulated gap supervised by GIABA / FATF , with 8 regulatory modules assessed in the current cycle. - C1 · Crypto Licensing: No crypto-specific licensing, registration, or notification regime for crypto-asset service providers (exchanges, custodians, issuers) was located for the Union of the Comoros at the federal level or for the semi-autonomous island of Mohéli (Mwali) specifically, including any issuance by the island's Mwali International Services Authority (MISA) offshore-company registry. The Banque Centrale des Comores (BCC) is the apex financial supervisor and licenses banks and financial intermediaries, but the 2024 GIABA/FATF mutual evaluation found no designated competent authority for broader non-bank financial-sector AML/CFT supervision, and no crypto-asset perimeter was identified in that assessment or in subsequent FATF materials. - C2 · Token Classification: No statutory or regulatory taxonomy distinguishing security tokens, e-money tokens, asset-referenced tokens, utility tokens, stablecoins, or NFTs has been identified for the Union of the Comoros or Mohéli. - C3 · On-Chain Activity: No regulation of on-chain activities (staking, DeFi lending, DEX operation, mining, node operation, validation, or tokenization) has been identified for the Union of the Comoros or Mohéli. - C4 · Stablecoins & EMTs: No stablecoin-specific issuance authorisation, reserve requirement, redemption right, disclosure, systemic designation, or prudential capital regime has been identified for the Union of the Comoros or Mohéli. All 8 module posture summaries - C1 · Crypto Licensing: No crypto-specific licensing, registration, or notification regime for crypto-asset service providers (exchanges, custodians, issuers) was located for the Union of the Comoros at the federal level or for the semi-autonomous island of Mohéli (Mwali) specifically, including any issuance by the island's Mwali International Services Authority (MISA) offshore-company registry. The Banque Centrale des Comores (BCC) is the apex financial supervisor and licenses banks and financial intermediaries, but the 2024 GIABA/FATF mutual evaluation found no designated competent authority for broader non-bank financial-sector AML/CFT supervision, and no crypto-asset perimeter was identified in that assessment or in subsequent FATF materials. - C2 · Token Classification: No statutory or regulatory taxonomy distinguishing security tokens, e-money tokens, asset-referenced tokens, utility tokens, stablecoins, or NFTs has been identified for the Union of the Comoros or Mohéli. - C3 · On-Chain Activity: No regulation of on-chain activities (staking, DeFi lending, DEX operation, mining, node operation, validation, or tokenization) has been identified for the Union of the Comoros or Mohéli. - C4 · Stablecoins & EMTs: No stablecoin-specific issuance authorisation, reserve requirement, redemption right, disclosure, systemic designation, or prudential capital regime has been identified for the Union of the Comoros or Mohéli. - C5 · Consumer Protection: No crypto-specific consumer-protection regime has been identified for the Union of the Comoros or Mohéli covering custody and safeguarding of client crypto-assets, marketing/promotion of crypto products, market abuse, order handling and conflicts, complaint handling, or suitability/appropriateness. General consumer-protection law applicable to financial services could not be confirmed as extending to crypto-assets from available sources. - C6 · Tax Treatment: No crypto-specific tax treatment (capital gains, income tax, VAT/GST, withholding, or reporting obligation) has been identified for the Union of the Comoros or Mohéli. - C7 · Cross-Border & Travel Rule: No crypto-specific cross-border transfer rule (outbound restriction, sanctions nexus, reporting threshold, or travel-rule cross-border requirement) has been identified for the Union of the Comoros or Mohéli. General foreign-exchange administration by the Banque Centrale des Comores governs the Comorian franc but does not reference crypto-assets in available sources. - C8 · AML/CFT Regime: Per fleet module-subscription policy, crypto AML/CFT obligations are produced by the financial-integrity (FIM) aml_ctf producer and are not originated in this crypto baseline. As disambiguation context only (not a crypto-sector finding): the 2024 GIABA/FATF mutual evaluation found that the Union of the Comoros had not designated a competent authority responsible for AML/CFT supervision across the DNFBP sector, and flagged discussions at the Banque Centrale des Comores regarding misuse of the KM IBAN by offshore companies as an emerging risk. Key regulatory facts for KM-M Regulatory Dimension KM-M Standing Position Jurisdiction KM-M (KM-M) Regulatory Scope Crypto & Digital Asset Regulation (8 modules, 16 sourced findings) Crypto Licensing No crypto-specific licensing, registration, or notification regime for crypto-asset service providers (exchanges, custodians, issuers) was located for the Union of the Comoros at the federal level or for the... Token Classification No statutory or regulatory taxonomy distinguishing security tokens, e-money tokens, asset-referenced tokens, utility tokens, stablecoins, or NFTs has been identified for the Union of the Comoros or Mohéli. On-Chain Activity Regime No regulation of on-chain activities (staking, DeFi lending, DEX operation, mining, node operation, validation, or tokenization) has been identified for the Union of the Comoros or Mohéli. Stablecoin Regime No stablecoin-specific issuance authorisation, reserve requirement, redemption right, disclosure, systemic designation, or prudential capital regime has been identified for the Union of the Comoros or Mohéli. Primary Instruments Cited GIABA / FATF, Banque Centrale des Comores (BCC) Last Confirmed / Updated 2026-10-25 (5 sources in cumulative register) 8 of 8 categories Signal Moved Judgment Gap Density Comfortable Compact Expand all sources Reset all Selections OR within a group, AND across groups. Press / to search. ### KM-M: C1 Crypto LicensingRedEnacted in forceModule confidence: Probable▾ No crypto-specific licensing, registration, or notification regime for crypto-asset service providers (exchanges, custodians, issuers) was located for the Union of the Comoros at the federal level or for the semi-autonomous island of Mohéli (Mwali) specifically, including any issuance by the island's Mwali International Services Authority (MISA) offshore-company registry. The Banque Centrale des Comores (BCC) is the apex financial supervisor and licenses banks and financial intermediaries, but the 2024 GIABA/FATF mutual evaluation found no designated competent authority for broader non-bank financial-sector AML/CFT supervision, and no crypto-asset perimeter was identified in that assessment or in subsequent FATF materials. Open gap — crypto-int-1 Whether MISA's crypto-casino product has ever been the subject of a specific BCC or prosecutorial action, as opposed to the general banking-licence disavowal, has not been confirmed this cycle. no under-indexing note recorded No sub-brief written this cycle The module carries open gaps but no narrative analysis was authored this cycle. Flagged for the next research pass. No periodic updates recorded in this cycle Sources and findings (5) - T3[Banque Centrale des Comores (BCC)](https://startpolymarket.com/countries/comoros/) — No cryptoasset licensing, registration or notification regime exists at Union level; the BCC has issued no crypto-specific rule as of 2026. ### KM-M: C2 Token ClassificationRedEnacted in forceModule confidence: Probable▾ No statutory or regulatory taxonomy distinguishing security tokens, e-money tokens, asset-referenced tokens, utility tokens, stablecoins, or NFTs has been identified for the Union of the Comoros or Mohéli. C2 · Token Classification — Full Module Record 0 sub-modules · 180 words · 1 traced claims · Re-verified 2026-10-25 The decision headline, regulatory posture (Red), primary framework, and supervisory authority above are open on the Free Explore layer. Register free with a business email for 3 full-record passes a month , or unlock all 170 jurisdictions with Pro (£39/mo · £99/mo all products) or Firm (£199/mo · £449/mo all products) . [Unlock with Free Pass / Sign In](https://a-i.gi/auth/login) [View Pro & Firm Plans (£39 / £199)](https://a-i.gi/licensing/#plans)[View Open Exemplar (Gibraltar)](/jurisdictions/gi/) ### KM-M: C3 On-Chain Activity RegimeRedEnacted in forceModule confidence: Probable▾ No regulation of on-chain activities (staking, DeFi lending, DEX operation, mining, node operation, validation, or tokenization) has been identified for the Union of the Comoros or Mohéli. C3 · On-Chain Activity — Full Module Record 0 sub-modules · 180 words · 1 traced claims · Re-verified 2026-10-25 The decision headline, regulatory posture (Red), primary framework, and supervisory authority above are open on the Free Explore layer. Register free with a business email for 3 full-record passes a month , or unlock all 170 jurisdictions with Pro (£39/mo · £99/mo all products) or Firm (£199/mo · £449/mo all products) . [Unlock with Free Pass / Sign In](https://a-i.gi/auth/login)[View Pro & Firm Plans (£39 / £199)](https://a-i.gi/licensing/#plans)[View Open Exemplar (Gibraltar)](/jurisdictions/gi/) ### KM-M: C4 Stablecoin RegimeRedEnacted in forceModule confidence: Probable▾ No stablecoin-specific issuance authorisation, reserve requirement, redemption right, disclosure, systemic designation, or prudential capital regime has been identified for the Union of the Comoros or Mohéli. C4 · Stablecoins & EMTs — Full Module Record 0 sub-modules · 180 words · 1 traced claims · Re-verified 2026-10-25 The decision headline, regulatory posture (Red), primary framework, and supervisory authority above are open on the Free Explore layer. Register free with a business email for 3 full-record passes a month , or unlock all 170 jurisdictions with Pro (£39/mo · £99/mo all products) or Firm (£199/mo · £449/mo all products) . [Unlock with Free Pass / Sign In](https://a-i.gi/auth/login)[View Pro & Firm Plans (£39 / £199)](https://a-i.gi/licensing/#plans)[View Open Exemplar (Gibraltar)](/jurisdictions/gi/) ### KM-M: C5 Consumer ProtectionRedEnacted in forceModule confidence: Probable▾ No crypto-specific consumer-protection regime has been identified for the Union of the Comoros or Mohéli covering custody and safeguarding of client crypto-assets, marketing/promotion of crypto products, market abuse, order handling and conflicts, complaint handling, or suitability/appropriateness. General consumer-protection law applicable to financial services could not be confirmed as extending to crypto-assets from available sources. Absence reason not determinable No sub-brief exists and the JID records no gap or review marker explaining why. The renderer will not invent a reason. No periodic updates recorded in this cycle Sources and findings (5) ### KM-M: C6 Tax TreatmentRedEnacted in forceModule confidence: Probable▾ No crypto-specific tax treatment (capital gains, income tax, VAT/GST, withholding, or reporting obligation) has been identified for the Union of the Comoros or Mohéli. C6 · Tax Treatment — Full Module Record 0 sub-modules · 180 words · 1 traced claims · Re-verified 2026-10-25 The decision headline, regulatory posture (Red), primary framework, and supervisory authority above are open on the Free Explore layer. Register free with a business email for 3 full-record passes a month , or unlock all 170 jurisdictions with Pro (£39/mo · £99/mo all products) or Firm (£199/mo · £449/mo all products) . [Unlock with Free Pass / Sign In](https://a-i.gi/auth/login)[View Pro & Firm Plans (£39 / £199)](https://a-i.gi/licensing/#plans)[View Open Exemplar (Gibraltar)](/jurisdictions/gi/) ### KM-M: C7 Cross-Border TransferRedEnacted in forceModule confidence: Probable▾ No crypto-specific cross-border transfer rule (outbound restriction, sanctions nexus, reporting threshold, or travel-rule cross-border requirement) has been identified for the Union of the Comoros or Mohéli. General foreign-exchange administration by the Banque Centrale des Comores governs the Comorian franc but does not reference crypto-assets in available sources. C7 · Cross-Border & Travel Rule — Full Module Record 0 sub-modules · 180 words · 1 traced claims · Re-verified 2026-10-25 The decision headline, regulatory posture (Red), primary framework, and supervisory authority above are open on the Free Explore layer. Register free with a business email for 3 full-record passes a month , or unlock all 170 jurisdictions with Pro (£39/mo · £99/mo all products) or Firm (£199/mo · £449/mo all products) . [Unlock with Free Pass / Sign In](https://a-i.gi/auth/login)[View Pro & Firm Plans (£39 / £199)](https://a-i.gi/licensing/#plans)[View Open Exemplar (Gibraltar)](/jurisdictions/gi/) ### KM-M: C8 AML/CFT RegimeAmberEnacted in forceModule confidence: Probable▾ Per fleet module-subscription policy, crypto AML/CFT obligations are produced by the financial-integrity (FIM) aml_ctf producer and are not originated in this crypto baseline. As disambiguation context only (not a crypto-sector finding): the 2024 GIABA/FATF mutual evaluation found that the Union of the Comoros had not designated a competent authority responsible for AML/CFT supervision across the DNFBP sector, and flagged discussions at the Banque Centrale des Comores regarding misuse of the KM IBAN by offshore companies as an emerging risk. C8 · AML/CFT Regime — Full Module Record 0 sub-modules · 180 words · 1 traced claims · Re-verified 2026-10-25 The decision headline, regulatory posture (Amber), primary framework, and supervisory authority above are open on the Free Explore layer. Register free with a business email for 3 full-record passes a month , or unlock all 170 jurisdictions with Pro (£39/mo · £99/mo all products) or Firm (£199/mo · £449/mo all products) . [Unlock with Free Pass / Sign In](https://a-i.gi/auth/login)[View Pro & Firm Plans (£39 / £199)](https://a-i.gi/licensing/#plans)[View Open Exemplar (Gibraltar)](/jurisdictions/gi/)