Four PillarsFour PillarsAsia Digital Asset Policy Center

Middle East

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.

All 12 documents

Core framework

The primary statutes that define crypto assets and who may deal in them.

  1. 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.

    Capital Market Authority (now Financial Services Authority, FSA)

    Read the original
  2. 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.

    Capital Market Authority (now Financial Services Authority, FSA)

    Read the original
  3. 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.

    Central Bank of Oman (CBO)

    Read the original
  4. 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.

    Central Bank of Oman (CBO)

    Read the original

Exchanges & custody

Licensing, conduct and custody rules for trading platforms and service providers.

  1. 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.

    Capital Market Authority (now Financial Services Authority, FSA)

    Read the original

Tokenisation & securities

Security tokens, RWA, funds and ETFs.

  1. 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.

    Financial Services Authority (FSA)

    Read the original

AML & travel rule

Anti-money-laundering obligations and the FATF travel rule.

  1. 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.

    Sultanate of Oman (Royal Decree), published by the Central Bank of Oman (CBO)

    Read the original
  2. 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.

    Financial Services Authority (FSA)

    Read the original
  3. 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.

    FATF and MENAFATF

    Read the original

Tax

How gains, income and transactions are taxed.

  1. 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.

    Oman Tax Authority

    Read the original

Investor protection

Market abuse, disclosure, advertising and retail safeguards.

  1. 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.

    Central Bank of Oman (CBO)

    Read the original

Banks & prudential

What banks may hold, custody or issue.

  1. 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.

    Central Bank of Oman (CBO)

    Read the original

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