Egypt

Prohibited Confirmed Verified August 25, 2026

Egypt prohibits issuing, trading, promoting or operating platforms for cryptocurrencies without Central Bank approval; the CBE continues to warn that crypto is not legal tender.

Central Bank of Egypt

Total Laws (incl. applicable EU-wide)

Effective Laws

At a Glance

Is holding crypto allowed?

Restricted

Is crypto trading allowed?

Prohibited

Is P2P trading allowed?

Prohibited

Are crypto payments allowed?

Prohibited

Is crypto legal tender?

Is mining allowed?

Unclear

Is staking allowed?

Prohibited

Is DeFi participation allowed?

Prohibited

Are stablecoins allowed or regulated?

Prohibited

Activity Status Matrix

Activity	Status	Details
Holding Crypto	Restricted	Is holding crypto allowed?
Crypto Trading	Prohibited	Is crypto trading allowed?
P2P Trading	Prohibited	Is P2P trading allowed?
Crypto Payments	Prohibited	Are crypto payments allowed?
Legal Tender	No	Is crypto legal tender?
Mining	Unclear	Is mining allowed?
Staking	Prohibited	Is staking allowed?
DeFi	Prohibited	Is DeFi participation allowed?
Stablecoins	Prohibited	Are stablecoins allowed or regulated?
NFTs	Restricted	Are NFTs allowed or regulated?
Token Launches	Prohibited	Are token launches allowed?
Crypto Advertising	Prohibited	Is crypto advertising allowed?
Banking Access	Prohibited	Do crypto businesses have banking access?

Regulation Overview

Article 206 of Egypt’s Central Bank and Banking System Law prohibits cryptocurrency issuance, trading, promotion, platform operation and related activities without a Central Bank of Egypt licence. The CBE has repeatedly warned about volatility, fraud and the absence of legal-tender status. No ordinary retail crypto licence is publicly available, so users should treat the market as prohibited unless an official approval clearly applies.

Tax Information

Crypto tax is governed by Egypt's national tax law, not by the crypto licensing framework. Classification depends on facts such as investment, trading, employment, mining, staking or business use; verify current filing, valuation and indirect-tax rules with Egyptian Tax Authority.

Individual Tax Treatment

Individuals should keep acquisition cost, disposal proceeds, wallet, exchange and local-currency valuation records. Gains, income, gifts and foreign-account reporting can receive different treatment; confirm the current position with Egyptian Tax Authority.

Business Tax Treatment

Businesses should apply normal corporate-tax, accounting, payroll and indirect-tax rules to crypto revenue, holdings and expenses. Licensing does not replace tax registration, invoicing, recordkeeping or reporting duties.

Egyptian Tax Authority

Business & Licensing

Covered service providers must obtain the licence, registration or approval required by Central Bank of Egypt; cross-border firms must verify whether passporting or local authorisation is available.

AML / KYC Requirements

Regulated providers must perform customer and beneficial-owner due diligence, sanctions screening, transaction monitoring, recordkeeping and suspicious-transaction reporting under applicable AML/CFT rules.