Madagascar Skeleton
Crypto regulatory status
Legal status
Primary regulator
Stablecoin status
Framework: Pending detailed coverage.
Crypto regulation in Madagascar: pending detailed coverage. This page is part of DeFi Intel's 200-jurisdiction expansion programme. The 20 most consequential markets receive long-form 2,500-word treatments (see hub); the remaining 180 receive structured skeleton profiles with curated data being filled in as our research desk resources permit. Submit corrections, primary-source links and known CASP licensees to [email protected].
Tax treatment
Madagascar crypto regulation: pending detailed coverage. The general framework operates under Central Bank / Securities Commission. Cryptoasset-specific legislation is either at consultation, advisory, or absent stage.
- Capital-gains rate (general): Pending — consult local tax authority
- Holding-period rule: Pending
Travel rule applicability
Status: pending. Travel-rule applicability in Madagascar is pending data — submit corrections to [email protected].
Notable enforcement actions
- 2024. Pending data — submit Madagascar enforcement actions to [email protected].
Public licensed CASP list
Pending data — submit known Madagascar CASPs to [email protected]. Where the local regulator publishes a public CASP register (e.g. MiCA registers in EU, FSCA in South Africa, MAS in Singapore), DeFi Intel mirrors that registry on a quarterly basis.
Comparison to neighbours
Compare Madagascar crypto regulation with three geographically adjacent jurisdictions:
Doing business in Madagascar — practical notes
Operating a cryptoasset business serving Madagascar residents in 2026 typically requires standard KYC under the local AML framework. Banking access for crypto-native firms is generally constrained relative to traditional finance. Detailed CASP-licence regime data pending — submit corrections to [email protected].
Methodology and sources
This profile aggregates primary regulatory communications, FATF mutual-evaluation reports, IMF Article IV staff reports, and DeFi Intel's enforcement-action database. Skeleton profile — flagged for full curation in subsequent research-desk cycles. Where data is marked "pending", the regulator either has not published authoritative guidance or DeFi Intel has not yet completed source verification. We do not republish unverified third-party datasets.
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Frequently asked questions
What is the crypto regulatory status in Madagascar?
Crypto regulatory status in Madagascar is restricted, with the primary regulator being the Central Bank / Securities Commission.
Is there a stablecoin framework in Madagascar?
The stablecoin status in Madagascar is pending, with the framework noted as pending detailed coverage.
What is the travel rule applicability in Madagascar?
Travel rule applicability in Madagascar is pending data, and users are asked to submit corrections to [email protected].