Western Sahara

No explicit cryptocurrency regulations or frameworks are mentioned for Western Sahara. The regulatory environment remains unclear with no specific crypto laws or guidance.

Overview

Statusunknown
Risk Score50/100 (Moderate Risk)
Regionafrica west
CurrencyMAD

Tax Information

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 & Registration

RequiredNo
RegulatorBank Al-Maghrib (de facto Moroccan administration)
FrameworkNo crypto framework

Enforcement Activity

Level: Low

No significant enforcement actions reported

AML / KYC

KYC RequiredNo
Travel RuleNo
FATF MemberNo
FATF Statusnon_compliant
Suspicious-Activity ReportingNo

DeFi, Stablecoins & NFTs

Status: Unclear

No specific DeFi regulation

Stablecoins

Status: no_rules

No specific stablecoin framework

NFTs

Status: no_rules

No specific NFT regulation

Mining

LegalYes
Electricity Cost$0.15/kWh
Renewable Energy15%
Infrastructurepoor

Mining legality is not explicitly stated but assumed possible due to lack of bans; infrastructure is limited and electricity costs are relatively high.

Geopolitical Risk

Stabilityunstable
SanctionsNo
Corruption Index20/100
Banking Accessrestricted

Risk Factors

Western Sahara faces ongoing territorial disputes and limited international recognition, leading to political instability and restricted banking access for crypto businesses.

Sources

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

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