No explicit cryptocurrency regulatory framework or guidance is provided by the Central Bank of Somalia. The regulatory environment for crypto remains unclear.
| Status | unknown |
| Risk Score | 75/100 (High Risk) |
| Region | africa east |
| Currency | SOS |
| Capital Gains (Personal) | No specific guidance |
| Capital Gains (Corporate) | No specific guidance |
| VAT on Crypto | No |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |
No crypto-specific tax guidance.
| Required | No |
| Regulator | CBS |
| Framework | No crypto framework |
No crypto licensing framework exists.
No known enforcement actions.
| KYC Required | No |
| Travel Rule | No |
| FATF Member | No |
| FATF Status | non_compliant |
| FATF Body | ESAAMLG |
| Suspicious-Activity Reporting | No |
Status: Unclear
No regulation.
Status: no_rules
No framework.
Status: no_rules
No regulation.
| Legal | Yes |
| Electricity Cost | $0.35/kWh |
| Renewable Energy | 35% |
| Infrastructure | poor |
Electricity costs are high and infrastructure is poor, limiting mining viability. No explicit mining regulations found.
| Stability | very_unstable |
| Sanctions | Yes |
| Corruption Index | 12/100 |
| Banking Access | very_restricted |
Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map
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