🏛️ WAEMU (West African Economic and Monetary Union)

Cryptocurrency activities are restricted within the WAEMU region, with no specific crypto regulatory framework established. The regional central bank and monetary authorities have not issued clear regulations permitting or facilitating crypto operations.

Overview

StatusRestricted
Risk Score55/100 (High Risk)
Regionsupranational
CurrencyXOF

Tax

Capital Gains (Personal)No specific guidance
Capital Gains (Corporate)No specific guidance
VAT on CryptoNo
Staking TaxNo specific guidance
Airdrop TaxNo specific guidance

No crypto-specific tax guidance available.

Licensing

RequiredNo
FrameworkNo crypto framework
EaseN/A
CostN/A

DeFi

Status: Restricted

DeFi activities may face restrictions under existing financial regulations

Stablecoins

Status: no_rules

No specific stablecoin framework; general financial regulations may apply

NFTs

Status: no_rules

No specific NFT regulation; may be subject to existing financial rules

Mining

LegalNo
Electricity$0.15/kWh
Renewable20%
Infrastructurefair

Mining is restricted in WAEMU countries due to regulatory uncertainty and high electricity costs. Infrastructure is developing but limited compared to global standards.

Geopolitics

Stabilitymoderate
SanctionsNo
Corruption Index35/100
Banking Accessrestricted

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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