As of May 2025, Brunei Darussalam has not enacted a specific "Digital Asset Bill" or comprehensive legislation regulating cryptocurrencies or digital assets.
🇧🇳 Brunei’s Current Stance on Digital Assets
The Brunei Darussalam Central Bank (BDCB), formerly known as the Autoriti Monetari Brunei Darussalam (AMBD), has maintained a cautious approach toward cryptocurrencies. In December 2017, the AMBD issued a public warning stating that cryptocurrencies are not legal tender in Brunei and are not regulated by the authority. The public was advised to exercise extreme caution when dealing with privately issued cryptocurrencies.
Since then, there have been no significant updates or changes in the regulatory framework concerning digital assets in Brunei. The BDCB continues to focus on traditional financial instruments and has not introduced specific regulations for digital assets.
📘 Digital Economy Masterplan 2025
While Brunei has not implemented specific digital asset legislation, the government has outlined its commitment to digital transformation through the "Digital Economy Masterplan 2025." This strategic plan aims to develop a smart nation by enhancing digital infrastructure, fostering innovation, and promoting digital literacy. However, the masterplan does not explicitly address cryptocurrencies or blockchain technologies.
🌐 Regional Developments
In contrast, other countries have been more proactive in establishing regulatory frameworks for digital assets. For instance, the United States House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21 Act) in May 2024, aiming to provide regulatory clarity for digital assets.
🔍 Conclusion
Brunei currently maintains a cautious stance on digital assets, with no specific legislation governing cryptocurrencies. Individuals and businesses in Brunei are advised to stay informed about regulatory developments and exercise caution when engaging with digital assets.