Cameroon has no national crypto law. At CEMAC level, the COSUMAF General Regulation of 23 May 2023 requires digital asset service providers (PSAN) offering services in the region to obtain a COSUMAF licence, but no PSAN licence had been issued by mid-2026. The COBAC (banking commission, chaired by the BEAC Governor) reiterated in May 2022 that supervised banks and financial institutions may not subscribe, hold, exchange or settle cryptocurrencies.
| Status | Restricted |
| Risk Score | 55/100 (High Risk) |
| Region | africa central |
| Currency | XAF |
| Capital Gains (Personal) | Income from digital assets is taxed at 16.5% as income from stocks and shares (movable capital income) |
| Capital Gains (Corporate) | 33% corporate income tax for companies with turnover above XAF 3 billion, 27.5% below that threshold if legal criteria are met; capital gains taxed at the normal CIT rate |
| VAT on Crypto | No |
Income from digital assets is listed as income from stocks and shares and taxed at an overall rate of 16.5% for individuals. Companies pay 33% CIT (27.5% for qualifying companies with turnover below XAF 3 billion).
| Required | No |
| Regulator | BEAC / COBAC |
| Framework | COSUMAF General Regulation of 23 May 2023 (CEMAC licensing regime for digital asset service providers, PSAN; no licences issued yet); COBAC press release of 6 May 2022 restating the prohibition on crypto dealings by supervised banks |
| 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 | compliant |
| FATF Body | APG |
| 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 but infrastructure is moderate; electricity cost is average for the region.
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 25/100 |
| Banking Access | restricted |
| Sanctions Program Active | No |
Risk Factors
Cameroon faces moderate political stability with challenges in corruption and infrastructure. It is not under international sanctions but has restricted banking access for crypto businesses.
Cameroon has no national crypto law. At CEMAC level, the COSUMAF General Regulation of 23 May 2023 requires digital asset service providers (PSAN) offering services in the region to obtain a COSUMAF licence, but no PSAN licence had been issued by mid-2026. The COBAC (banking commission, chaired by the BEAC Governor) reiterated in May 2022 that supervised banks and financial institutions may not subscribe, hold, exchange or settle cryptocurrencies.
Cameroon is classified by FATF as: compliant.
KYC is mandatory for crypto businesses.
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Explore IT Services →Last reviewed: 2026-09-11 · Data source: Soken Crypto Legal Map
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