---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "africa_central", "gabac", "restricted"]
aliases: ["CM", "CMR", "Cameroun"]
created: 2026-06-01
updated: 2025-06-01
compile_into: ["[[country--cameroon]]"]
sources:
  - name: "BEAC"
    url: "https://www.beac.int"
    type: "official"
---

# 🇨🇲 [[country--cameroon|Cameroon]] (CM) — Crypto Regulation

> 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.

## Overview

| Field | Value |
|-------|-------|
| Status | Restricted |
| Risk Score | 55/100 (High Risk) |
| Enforcement Level | Low |
| Region | [[domain--africa|africa central]] |
| Currency | [[entity--xaf|XAF]] |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | No specific crypto guidance |
| Capital Gains (Corporate) | 33% corporate tax |
| VAT on Crypto | No |
| Mining Tax | No specific guidance |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |

No crypto-specific tax framework. General CEMAC tax principles apply.

## Licensing

| Field | Value |
|-------|-------|
| Required | No |
| Regulator | [[entity--beac|BEAC]] / COBAC |
| Framework | No specific crypto framework |
| Ease | hard |
| Cost | N/A |
| Timeline | N/A months |

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.

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | Yes |
| Travel Rule | No |
| FATF Member | No |
| FATF Status | grey_list |

## DeFi

**Status:** Unclear

No DeFi regulation.

## Stablecoins

**Status:** no_rules

No stablecoin framework.

## NFTs

**Status:** no_rules

No NFT regulation.

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.08/kWh |
| Renewable Energy | 20% |
| Climate | tropical |
| Infrastructure | fair |

Mining is legal with moderate electricity costs and 20% renewable energy share. Infrastructure is fair, typical for Central African tropical climate.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 26/100 |
| Ease of Business | difficult |
| Internet Freedom | partly_free |
| Banking Access | restricted |

## Enforcement

BEAC warnings but minimal enforcement.

## CBDC Status: none

## FAQ

### Is cryptocurrency legal in Cameroon?

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.

### What is the FATF status of Cameroon?

Cameroon is classified by FATF as: grey_list.

### What is the AML/KYC regime in Cameroon?

KYC is mandatory for crypto businesses.

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-06-01.*

**Sources:**
- [BEAC](https://www.beac.int)