Yemen

Yemen has no specific cryptocurrency regulation.

Overview

StatusBanned
Risk Score95/100 (Very High Risk)
Regionmiddle east
CurrencyYER

Tax

Capital Gains (Personal)N/A
Capital Gains (Corporate)N/A
VAT on CryptoNo
Staking TaxN/A
Airdrop TaxN/A

No crypto-specific tax guidance available.

Licensing

RequiredNo
RegulatorCBY
FrameworkCBY prohibits cryptocurrency transactions
Easevery_complex
CostN/A

DeFi

Status: Banned

Stablecoins

Status: Banned

NFTs

Status: Banned

Mining

LegalNo
Electricity$0.025/kWh
Renewable2%
Infrastructurepoor

Mining is banned by the Central Bank of Yemen. Electricity costs are low but infrastructure is poor and unreliable due to ongoing conflict.

Geopolitics

Stabilityvery_unstable
SanctionsYes
Corruption Index15/100
Banking Accessvery_restricted

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

← Back to Crypto Map