Crypto Regulation in Algeria

Banned

Tax Information

Capital Gains (Personal)
N/A - crypto banned
Capital Gains (Corporate)
N/A
VAT on Crypto
No
Staking Tax
N/A
Airdrop Tax
N/A
Mining Tax
--

Licensing & Registration

License Required
No
Regulator
BA (Bank of Algeria (Banque d'Algerie))
Framework
Finance Law 2018 Article 117 - prohibits purchase, sale, use and holding of virtual currencies
License Types
--
Estimated Cost (USD)
N/A
Timeline
N/A months
Ease of Licensing
Very Complex

AML / KYC

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

Mining

Mining Legal
No
Status
Banned
Electricity Cost ($/kWh)
$0.03
Renewable Energy
20%
Climate
Hot
Infrastructure
Poor
Tax on Mining Income
N/A
Notes
Crypto mining is explicitly prohibited or effectively banned in this jurisdiction.

DeFi, Stablecoins & NFTs

DeFi: bannedStablecoins: bannedNFTs: bannedCBDC: none

Soken Services

Legal Opinion
Available | $8,000 - $25,000 | 14 days
Banking
Difficulty: Very Hard | Crypto-friendly banks: none listed
Min. Deposit
$10,000
Fiat Rails
SWIFT

Sources

Bank of Algeria
high

Frequently Asked Questions

Is crypto legal in Algeria?
Cryptocurrency is currently classified as "Banned" in Algeria.
What is the crypto tax rate in Algeria?
In Algeria, the personal capital gains tax on crypto is N/A - crypto banned, and the corporate tax rate is N/A.
Do I need a crypto license in Algeria?
No, Algeria does not currently require a specific crypto license, though other financial regulations may apply.
Is crypto mining legal in Algeria?
No, crypto mining is currently banned or illegal in Algeria. Crypto mining is explicitly prohibited or effectively banned in this jurisdiction.
What are the AML/KYC requirements for crypto in Algeria?
Yes, crypto businesses in Algeria must comply with KYC (Know Your Customer) requirements.