Crypto Regulation in Mauritania

Unknown

Tax Information

Capital Gains (Personal)
Unclear
Capital Gains (Corporate)
25% CIT (general)
VAT on Crypto
No
Staking Tax
Unclear
Airdrop Tax
Unclear
Mining Tax
--

Licensing & Registration

License Required
No
Regulator
BCM (Banque Centrale de Mauritanie)
Framework
No crypto-specific legislation
License Types
--
Estimated Cost (USD)
N/A
Timeline
N/A months
Ease of Licensing
Very Complex

AML / KYC

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

Mining

Mining Legal
No
Status
Unknown
Electricity Cost ($/kWh)
$0.15
Renewable Energy
20%
Climate
Temperate
Infrastructure
Poor
Tax on Mining Income
25% CIT (general)
Notes
Mining legal status is unclear. Proceed with caution and seek legal advice.

DeFi, Stablecoins & NFTs

DeFi: unregulatedStablecoins: unregulatedNFTs: unregulatedCBDC: none

Soken Services

Banking
Difficulty: Very Hard | Crypto-friendly banks: none listed
Min. Deposit
$10,000
Fiat Rails
SWIFT
Card Payments
Visa, Mastercard

Sources

Frequently Asked Questions

Is crypto legal in Mauritania?
Cryptocurrency is currently classified as "Unknown" in Mauritania.
What is the crypto tax rate in Mauritania?
In Mauritania, the personal capital gains tax on crypto is Unclear, and the corporate tax rate is 25% CIT (general).
Do I need a crypto license in Mauritania?
No, Mauritania does not currently require a specific crypto license, though other financial regulations may apply.
Is crypto mining legal in Mauritania?
No, crypto mining is currently banned or illegal in Mauritania. Mining legal status is unclear. Proceed with caution and seek legal advice.
What are the AML/KYC requirements for crypto in Mauritania?
Mauritania does not currently mandate KYC for crypto businesses, though this may change.