What is Egypt's FATF status?

Egypt is classified by FATF as: non_compliant.

Are VASPs licensed in Egypt?

Yes — licensing is required for VASPs.

What is the AML/KYC regime in Egypt?

KYC is mandatory for crypto businesses.

Egypt

Cryptocurrency is restricted in Egypt under the Central Bank and Banking System Law 194/2020, which limits crypto activities. The Financial Regulatory Authority is exploring digital assets but no clear legal framework exists yet.

Overview

Status	Restricted
Risk Score	55/100 (High Risk)
Region	middle east
Currency	EGP

Tax Information

Capital Gains (Personal)	10% capital gains tax (general; applicability to crypto uncertain)
Capital Gains (Corporate)	22.5% CIT
VAT on Crypto	No
Staking Tax	Unclear - no specific guidance
Airdrop Tax	Unclear

No crypto-specific tax guidance available.

Licensing & Registration

Required	Yes
Regulator	CBE / FRA
Framework	Central Bank and Banking System Law 194/2020 - restricts crypto; FRA exploring digital assets
Ease	very_complex
Cost (USD)	N/A - no licensing pathway

Enforcement Activity

Level: Moderate

No detailed enforcement information available

AML / KYC

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

DeFi, Stablecoins & NFTs

Status: Restricted

Stablecoins

Status: Restricted

NFTs

Status: unregulated

Mining

Legal	No
Electricity Cost	$0.038/kWh
Renewable Energy	12%
Infrastructure	fair

Crypto mining is banned in Egypt. Electricity cost is low but mining is prohibited by law.

Geopolitical Risk

Stability	moderate
Sanctions	No
Corruption Index	33/100
Banking Access	restricted

Risk Factors

capital controls
regulatory uncertainty
currency volatility

Egypt has moderate political stability with some regulatory uncertainty around crypto. It is not under international sanctions but banking access for crypto firms is restricted.