The island state of Nauru has adopted a law that came into force in early June 2025 and is designed to stimulate the development of the digital assets sector, providing a safe and innovative environment for crypto investors and companies. This was reported by the President of Nauru, David Adeang. According to him, the new rules significantly reduce the barriers to entering the market and simplify the registration process, which allows us to consider the country as a promising crypto hub in the Pacific region.
The president noted that the registration of cryptocurrency companies in Nauru does not require excessively strict requirements, and the cost of a VASP (Virtual Asset Service Provider) license here is significantly lower than in traditional financial centers such as Singapore and Switzerland. For comparison, the minimum capital required to obtain a license in Singapore is approximately SGD 250,000 (about $185,000), while Nauru has no such financial restrictions.
In addition, the procedure for registering a crypto business on the island takes about two to three months, which is almost twice as fast as in the European Union, where according to MiCA rules, the registration of a license can take six months or more. Such speedy registration makes Nauru an attractive place for entrepreneurs interested in quickly entering the market of digital assets.
At the same time, in the region of the Northern Mariana Islands, a US territory in the Pacific Ocean, parliament recently approved the launch of a state-owned stablecoin called the Tinian Stable Token (MUSD), despite objections from the executive branch. This event indicates a growing interest in the development of cryptocurrency initiatives in the Pacific region as a whole.
The new rules in Nauru are aimed at creating favorable conditions for the growth of the crypto industry, which can attract global companies and investors who want to take advantage of a more accessible and fast regulatory process. Simplified legislation and relatively low costs make the country a unique platform for the development of digital financial technologies in a competitive international market.
Thus, Nauru positions itself as a promising player in the field of cryptocurrencies, using the advantages of a small island state to create a modern and open infrastructure for crypto-assets.