---
type: country
domain: web3-compliance
status: compiled
tags: [Legal, Banned, Crypto Tax, Crypto Regulation, Country]
aliases: [Iraq]
created: 2026-04-23
compile_into: ""
slug: country--iraq
sources: "[./crypto-map/data.json#/IQ, \"https://soken.io/crypto-map/countries/iraq.html\"]"
source_url: "https://soken.io/crypto-map/countries/iraq.html"
title: "Iraq — Crypto Regulation 2026 | Soken"
description: Cryptocurrency dealings are banned in Iraq as per the Central Bank of Iraq's 2017 directive. There is no indication of legal frameworks supporting crypto…
scraped_at: "2026-04-23T20:05:32.880040+00:00"
entry_type_raw: country
region: middle_east
---

# Iraq — Crypto Regulation 2026 | Soken

# Iraq

Cryptocurrency dealings are banned in Iraq as per the Central Bank of Iraq's 2017 directive. There is no indication of legal frameworks supporting crypto activities.

## Overview

|     |     |
| --- | --- |
| Status | **Banned** |
| Risk Score | 90/100 (Very High Risk) |
| Region | middle east |
| Currency | IQD |

## Tax

|     |     |
| --- | --- |
| Capital Gains (Personal) | N/A - crypto banned |
| Capital Gains (Corporate) | N/A - crypto banned |
| VAT on Crypto | No |
| Staking Tax | N/A |
| Airdrop Tax | N/A |

No crypto-specific tax guidance available.

## Licensing

|     |     |
| --- | --- |
| Required | No |
| Regulator | CBI |
| Framework | CBI 2017 directive banning cryptocurrency dealings |
| Ease | very\_complex |
| Cost | N/A |

## DeFi

**Status:** Banned

## Stablecoins

**Status:** Banned

## NFTs

**Status:** Banned

## Mining

|     |     |
| --- | --- |
| Legal | No |
| Electricity | $0.018/kWh |
| Renewable | 3% |
| Infrastructure | poor |

Mining is banned in Iraq. Electricity costs are very low but infrastructure is poor and renewable energy share is minimal.

## Geopolitics

|     |     |
| --- | --- |
| Stability | unstable |
| Sanctions | Yes |
| Corruption Index | 20/100 |
| Banking Access | restricted |

Last reviewed: 2026-04-13 ·
Data source: [Soken Crypto Legal Map](https://soken.io/crypto-map/)

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