Is crypto legal in Benin?
Cryptocurrency is legal in Benin, but subject to regulatory restrictions.
Western Africa · BJ · 1 of 9 dimensions sourced
Benin crypto policy at a glance
Stage of the central bank digital currency programme — research, pilot, or launched.
Whether crypto is legal, restricted, or banned for individuals and businesses.
“La BCEAO rappelle que les crypto-actifs ne sont pas des monnaies légales dans l’Union et qu’aucun prestataire n’est autorisé à fournir des services de paiement en crypto-actifs dans l’UEMOA.”
Whether the jurisdiction licenses crypto/VASP service providers.
Rules governing stablecoin and e-money-token issuance.
How crypto gains are taxed and reported, including OECD CARF participation.
How decentralized finance (DeFi) is treated by regulators.
Whether NFTs are addressed in regulation.
Policy toward crypto mining — permitted, restricted, or banned.
Intensity of regulatory enforcement actions against crypto firms.
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