Cameroon has no national crypto law, leaving individual use in a legal grey area, but COBAC Decision D-2022/071 (May 2022) bans all CEMAC-zone financial institutions from crypto transactions. COSUMAF's December 2022 Financial Market Regulation introduced a VASP framework for the region, but implementing instruments remain pending. BEAC opposes private crypto and is pursuing a sovereign digital CFA franc. Cameroon is on the FATF grey list since June 2023.
| Status | Restricted |
| Risk Score | 55/100 (High Risk) |
| Region | africa central |
| Currency | XAF |
| Capital Gains (Personal) | No specific crypto guidance |
| Capital Gains (Corporate) | 33% corporate tax |
| VAT on Crypto | No |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |
No crypto-specific tax framework. General CEMAC tax principles apply.
| Required | No |
| Regulator | BEAC / COBAC |
| Framework | No specific crypto framework |
| Ease | hard |
BEAC oversees monetary policy for CEMAC states. No crypto licensing framework exists. The Central African Republic's Bitcoin legal tender experiment (2022, reversed 2023) created regional discussions.
BEAC warnings but minimal enforcement.
| KYC Required | Yes |
| Travel Rule | No |
| FATF Member | No |
| FATF Status | grey_list |
| FATF Body | GABAC |
| Suspicious-Activity Reporting | Yes |
Status: Unclear
No DeFi regulation.
Status: no_rules
No stablecoin framework.
Status: no_rules
No NFT regulation.
| Legal | Yes |
| Electricity Cost | $0.08/kWh |
| Renewable Energy | 20% |
| Infrastructure | fair |
Mining is legal with moderate electricity costs and 20% renewable energy share. Infrastructure is fair, typical for Central African tropical climate.
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 26/100 |
| Banking Access | restricted |
Risk Factors
Cameroon has moderate political stability but faces active Anglophone separatist conflict in Northwest and Southwest regions since 2017. Not under international OFAC/EU/UN sanctions. TI CPI 2025: 26/100, ranked 142/182 globally (down 2 places year-on-year). FATF grey list since June 2023. Presidential elections scheduled October 2025 added political uncertainty.
Cameroon has no national crypto law, leaving individual use in a legal grey area, but COBAC Decision D-2022/071 (May 2022) bans all CEMAC-zone financial institutions from crypto transactions. COSUMAF's December 2022 Financial Market Regulation introduced a VASP framework for the region, but implementing instruments remain pending. BEAC opposes private crypto and is pursuing a sovereign digital CFA franc. Cameroon is on the FATF grey list since June 2023.
Cameroon is classified by FATF as: grey_list.
KYC is mandatory for crypto businesses.
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Explore IT Services →Last reviewed: 2026-06-01 · Data source: Soken Crypto Legal Map
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