Crypto Regulation in Egypt

Restricted

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
Mining Tax
--

Licensing & Registration

License Required
Yes
Regulator
CBE / FRA (Central Bank of Egypt / Financial Regulatory Authority)
Framework
Central Bank and Banking System Law 194/2020 - restricts crypto; FRA exploring digital assets
License Types
--
Estimated Cost (USD)
N/A - no licensing pathway
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)
$0.04
Renewable Energy
12%
Climate
Hot
Infrastructure
Good
Tax on Mining Income
22.5% CIT
Notes
Crypto mining is explicitly prohibited or effectively banned in this jurisdiction.

DeFi, Stablecoins & NFTs

DeFi: restrictedStablecoins: restrictedNFTs: unregulatedCBDC: research - CBE studying potential digital Egyptian pound

Soken Services

Legal Opinion
Available | $5,000 - $20,000 | 14 days
Banking
Difficulty: Very Hard | Crypto-friendly banks: none listed
Min. Deposit
$10,000
Fiat Rails
SWIFT
Card Payments
Visa, Mastercard
Licensing Support
Available | $50,000 - $200,000

Sources

Central Bank of Egypt
medium

Frequently Asked Questions

Is crypto legal in Egypt?
Cryptocurrency is currently classified as "Restricted" in Egypt.
What is the crypto tax rate in Egypt?
In Egypt, the personal capital gains tax on crypto is 10% capital gains tax (general; applicability to crypto uncertain), and the corporate tax rate is 22.5% CIT.
Do I need a crypto license in Egypt?
Yes, a crypto license is required in Egypt. The regulator is Central Bank of Egypt / Financial Regulatory Authority under Central Bank and Banking System Law 194/2020 - restricts crypto; FRA exploring digital assets. Estimated licensing cost: N/A - no licensing pathway.
Is crypto mining legal in Egypt?
No, crypto mining is currently banned or illegal in Egypt. Crypto mining is explicitly prohibited or effectively banned in this jurisdiction.
What are the AML/KYC requirements for crypto in Egypt?
Yes, crypto businesses in Egypt must comply with KYC (Know Your Customer) requirements.