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Is crypto legal in Algeria?

Cryptocurrency is banned in Algeria.

Northern Africa · DZ · 3 of 9 dimensions sourced

Every value below cites the primary government, central bank, financial regulator, or tax authority. How this is sourced →

Algeria crypto policy at a glance

CBDC status
Research

Stage of the central bank digital currency programme — research, pilot, or launched.

cbdctracker.org ↗ · as of 2022 · confidence: high
Legal status
Banned

Whether crypto is legal, restricted, or banned for individuals and businesses.

“Il est interdit d’acheter, de vendre, d’utiliser et de détenir, par tout moyen, des monnaies virtuelles. Est considérée comme monnaie virtuelle, toute valeur numérique... utilisée comme moyen de paiement sur Internet.”
VASP licensing
Not yet recorded

Whether the jurisdiction licenses crypto/VASP service providers.

Stablecoin rules
Not yet recorded

Rules governing stablecoin and e-money-token issuance.

Tax treatment
Not yet recorded

How crypto gains are taxed and reported, including OECD CARF participation.

DeFi treatment
Not yet recorded

How decentralized finance (DeFi) is treated by regulators.

NFT classification
Not yet recorded

Whether NFTs are addressed in regulation.

Mining policy
Banned

Policy toward crypto mining — permitted, restricted, or banned.

“L’utilisation de la monnaie virtuelle est interdite. Est considérée comme monnaie virtuelle, au sens du présent article, toute unité de valeur virtuelle, qui peut être utilisée comme moyen de paiement… La négociation de la monnaie virtuelle est interdite, sous peine des sanctions prévues par la législation et la réglementation en vigueur.”
Enforcement intensity
Not yet recorded

Intensity of regulatory enforcement actions against crypto firms.

Explore Algeria and compare it with other countries on the interactive crypto policy map →

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