Crypto Regulation in Lebanon

Restricted

Tax Information

Capital Gains (Personal)
10% on investment income (if enforced)
Capital Gains (Corporate)
17% CIT
VAT on Crypto
No
Staking Tax
Unclear
Airdrop Tax
Unclear
Mining Tax
--

Licensing & Registration

License Required
No
Regulator
BDL (Banque du Liban)
Framework
BDL Circular 318 (2013) - warning against crypto; no licensing regime
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
Yes
Status
Restricted
Electricity Cost ($/kWh)
$0.1
Renewable Energy
20%
Climate
Hot
Infrastructure
Moderate
Tax on Mining Income
17% CIT
Notes
Hot climate increases cooling costs for mining operations.

DeFi, Stablecoins & NFTs

DeFi: unregulatedStablecoins: unregulatedNFTs: unregulatedCBDC: none

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

Sources

Banque du Liban
medium

Frequently Asked Questions

Is crypto legal in Lebanon?
Cryptocurrency is currently classified as "Restricted" in Lebanon.
What is the crypto tax rate in Lebanon?
In Lebanon, the personal capital gains tax on crypto is 10% on investment income (if enforced), and the corporate tax rate is 17% CIT.
Do I need a crypto license in Lebanon?
No, Lebanon does not currently require a specific crypto license, though other financial regulations may apply.
Is crypto mining legal in Lebanon?
Yes, crypto mining is legal in Lebanon. Electricity costs approximately $0.1/kWh. Mining income is taxed at: 17% CIT. Hot climate increases cooling costs for mining operations.
What are the AML/KYC requirements for crypto in Lebanon?
Yes, crypto businesses in Lebanon must comply with KYC (Know Your Customer) requirements.