Oman
Registered, not licensed: Oman has made crypto firms register for AML since 2023, but its full licensing regime is still pending.
Key Regulatory Progress
Every law, rule and official guide on crypto in Oman: 4 apply today, and the rest show what's coming and how regulators read the rules. Each is explained in plain words and linked to the official original.
Last checked against the originals on 5 Oct 2026.
Core framework
The primary statutes that define crypto assets and who may deal in them.
- ConsultationDraft out for comment
Public Consultation Paper on the Virtual Assets Regulatory Framework
Invites comments by 17 August 2023 on the draft regime. As of October 2026 the resulting licensing regulation had not been issued.
Read the original - GuidanceNot binding law
The Capital Market Authority announces plans to establish the Virtual Assets Regulatory Framework
Sets out plans for a regulation covering all virtual asset activities, licensing for every VASP category and market abuse rules, covering crypto assets, tokens, exchanges and ICOs.
Read the original - GuidanceNot binding law
Central Bank of Oman Fintech Regulatory Sandbox Framework
Sets eligibility, testing limits and exit rules for the sandbox, in which the CBO may grant regulatory exemptions for limited live tests with volunteer customers.
Read the original - GuidanceNot binding law
Fintech Regulatory Sandbox
The CBO sandbox for live testing of financial products, with cohorts for digital payments, DLT and blockchain, alternative finance and open banking.
Read the original
Exchanges & custody
Licensing, conduct and custody rules for trading platforms and service providers.
- In forceApplies today
CMA issues Instructions for Registration of VASPs and Implementation of AML/CTF Requirements (Decision No. 35/2023)
No one may carry on virtual asset activity in Oman without registering with the regulator. Registrants must run AML/CFT controls, report suspicious transactions to the National Centre for Financial Information and follow rules on virtual asset transfers.
Read the original
Tokenisation & securities
Security tokens, RWA, funds and ETFs.
- In forceApplies today
Executive Regulation for the Securities Law
Implements the Securities Law (Royal Decree No. 46/2022) with capital rules, investment banking, revised crowdfunding rules and a fintech sandbox; published in the Official Gazette on 26 July 2026 and in force the next day. It is separate from the pending virtual asset framework.
Read the original
AML & travel rule
Anti-money-laundering obligations and the FATF travel rule.
- In forceApplies today
Law on Combating Money Laundering and Terrorism Financing (Royal Decree No. 30/2016)
Oman's core AML/CFT law, issued on 2 June 2016, which sets the obligations of financial institutions and the powers of the National Centre for Financial Information; the 2023 VASP instructions build on it.
Read the original - GuidanceNot binding law
FSA holds workshop on investigating money laundering via cryptocurrencies
The FSA and the Public Prosecution trained specialists on tracing money laundering through cryptocurrencies, a sign of the enforcement focus while licensing is pending.
Read the original - GuidanceNot binding law
Anti-money laundering and counter-terrorist financing measures: Oman, Mutual Evaluation Report
Rates Oman largely compliant with the FATF standard on virtual assets (R.15) under the 2023 registration regime, and notes that only one VASP was registered and operating.
Read the original
Tax
How gains, income and transactions are taxed.
- EnactedPassed, not yet in force
Issuance of Personal Income Tax (PIT) Law
Announces Royal Decree No. 56/2025, issued on 22 June 2025, which taxes individuals at 5% on income above OMR 42,000 from 1 January 2028. There is no crypto-specific tax guidance.
Read the original
Investor protection
Market abuse, disclosure, advertising and retail safeguards.
- GuidanceNot binding law
Cautionary Notice on the Use of Cryptocurrencies
Public warning on the financial, operational, legal and security risks of cryptocurrencies, issued on 6 October 2020 and repeating a notice of 19 July 2020.
Read the original
Banks & prudential
What banks may hold, custody or issue.
- In forceApplies today
Virtual Assets and Virtual Assets Service Providers (Circular BDD/AML/CB/2020/4480)
Tells banks, exchange houses and payment firms to identify customers' exposure to virtual assets and apply enhanced due diligence where risk is higher, guided by FATF standards.
Read the original
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Oman