Cryptocurrency activities in Egypt are heavily restricted, with mining banned and strict regulations under the Central Bank and Banking System Law No. 194/2020 and Fintech Law No. 5/2022. The regulatory environment limits crypto operations primarily to non-banking fintech activities.
| Status | Restricted |
| Risk Score | 55/100 (High Risk) |
| Region | middle east |
| Currency | EGP |
| Capital Gains (Personal) | No crypto-specific rule; general income taxed at progressive rates up to 27.5% (the 10% CGT rate applies only to listed EGX shares) |
| Capital Gains (Corporate) | 22.5% CIT |
| VAT on Crypto | No |
| Staking Tax | Unclear - no specific guidance |
| Airdrop Tax | Unclear |
Egypt has no crypto-specific tax guidance. Issuing, trading or promoting crypto assets without a Central Bank of Egypt licence is prohibited under Article 206 of Law No. 194 of 2020. Individual income is taxed at progressive rates up to 27.5%, corporations at 22.5%, and the standard VAT rate is 14%.
| Required | Yes |
| Regulator | CBE / FRA |
| Framework | Central Bank and Banking System Law No. 194/2020; Fintech Law No. 5/2022 (non-banking sector) |
| Ease | very_complex |
| Cost (USD) | N/A - no licensing pathway |
No detailed enforcement information available
| Status | Research |
| Name | Egypt CBDC |
| Issuing Authority | Central Bank of Egypt (CBE) |
| Model | retail |
| KYC Required | Yes |
| Travel Rule | No |
| FATF Member | No |
| FATF Status | enhanced_follow_up |
| FATF Body | MENAFATF |
| Suspicious-Activity Reporting | Yes |
Status: Restricted
Status: Restricted
Status: unregulated
| Legal | No |
| Electricity Cost | $0.038/kWh |
| Renewable Energy | 12% |
| Infrastructure | fair |
Crypto mining is banned in Egypt. Electricity costs are low, but mining is prohibited by law.
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 33/100 |
| Banking Access | restricted |
| Sanctions Program Active | No |
Risk Factors
Egypt has moderate political stability with ongoing economic reforms. It is not under major international sanctions but has regulatory restrictions impacting crypto businesses. Corruption levels are moderate to high, and banking access for crypto firms is restricted.
Cryptocurrency activities in Egypt are heavily restricted, with mining banned and strict regulations under the Central Bank and Banking System Law No. 194/2020 and Fintech Law No. 5/2022. The regulatory environment limits crypto operations primarily to non-banking fintech activities.
Egypt is classified by FATF as: enhanced_follow_up.
Yes, licensing is required for VASPs.
KYC is mandatory for crypto businesses.
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Explore IT Services →Last reviewed: 2026-09-06 · Data source: Soken Crypto Legal Map
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