What is Cameroon's FATF status?

Cameroon is classified by FATF as: grey_list.

What is the AML/KYC regime in Cameroon?

KYC is mandatory for crypto businesses.

🇨🇲 Cameroon

The regulator page does not provide explicit information on cryptocurrency regulation in Cameroon or the CEMAC region. No specific crypto regulatory framework or licensing details are mentioned.

Overview

Status	unknown
Risk Score	55/100 (High Risk)
Region	africa central
Currency	XAF

Tax Information

Capital Gains (Personal)	No specific crypto guidance
Capital Gains (Corporate)	33% corporate tax
VAT on Crypto	No
Staking Tax	No specific guidance
Airdrop Tax	No specific guidance

No crypto-specific tax framework. General CEMAC tax principles apply.

Licensing & Registration

Required	No
Regulator	BEAC / COBAC
Framework	No specific crypto framework
Ease	hard

BEAC oversees monetary policy for CEMAC states. No crypto licensing framework exists. The Central African Republic's Bitcoin legal tender experiment (2022, reversed 2023) created regional discussions.

Enforcement Activity

Level: Low

BEAC warnings but minimal enforcement.

AML / KYC

KYC Required	Yes
Travel Rule	No
FATF Member	No
FATF Status	grey_list
FATF Body	GABAC
Suspicious-Activity Reporting	Yes

DeFi, Stablecoins & NFTs

Status: Unclear

No DeFi regulation.

Stablecoins

Status: no_rules

No stablecoin framework.

NFTs

Status: no_rules

No NFT regulation.

Mining

Legal	Yes
Electricity Cost	$0.08/kWh
Renewable Energy	20%
Infrastructure	fair

Mining is legal with moderate electricity costs and 20% renewable energy share. Infrastructure is fair, typical for Central African tropical climate.

Geopolitical Risk

Stability	moderate
Sanctions	No
Corruption Index	25/100
Banking Access	restricted

Risk Factors

capital controls
corruption
infrastructure challenges

Cameroon has moderate political stability with some governance challenges. It is not under international sanctions. Corruption and difficult business environment pose risks for crypto businesses.