🇬🇶 Equatorial Guinea

Equatorial Guinea currently has no specific crypto regulatory framework and is considered to have a restricted stance on cryptocurrency activities. The central bank and regional monetary authorities have not issued clear guidance or licensing frameworks for crypto businesses.

Overview

StatusRestricted
Risk Score95/100 (Very High Risk)
Regionafrica central
CurrencyXAF

Tax Information

Capital Gains (Personal)No specific guidance
Capital Gains (Corporate)25% CIT (reduced from 35%); capital gains treated as ordinary business income
VAT on CryptoNo
Staking TaxNo specific guidance
Airdrop TaxNo specific guidance

No crypto-specific tax guidance.

Licensing & Registration

RequiredNo
RegulatorCOBAC / BEAC
FrameworkNo crypto framework

No crypto licensing framework exists.

Enforcement Activity

Level: None

No known enforcement actions.

AML / KYC

KYC RequiredNo
Travel RuleNo
FATF MemberNo
FATF Statusnon_compliant
FATF BodyGABAC
Suspicious-Activity ReportingNo

DeFi, Stablecoins & NFTs

Status: Unclear

No regulation.

Stablecoins

Status: no_rules

No framework.

NFTs

Status: no_rules

No regulation.

Mining

LegalYes
Electricity Cost$0.12/kWh
Renewable Energy20%
Infrastructurepoor

Mining legality is not explicitly regulated; infrastructure and energy costs are relatively high, with limited renewable energy penetration. Cooling costs are elevated due to tropical climate.

Geopolitical Risk

Stabilityunstable
SanctionsNo
Corruption Index16/100
Banking Accessrestricted
Sanctions Program ActiveNo

Risk Factors

Equatorial Guinea faces significant governance challenges, high corruption, and political instability, which complicate crypto business operations. Banking access for crypto firms is limited, and the business environment is difficult.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Equatorial Guinea?

Equatorial Guinea currently has no specific crypto regulatory framework and is considered to have a restricted stance on cryptocurrency activities. The central bank and regional monetary authorities have not issued clear guidance or licensing frameworks for crypto businesses.

What is the FATF status of Equatorial Guinea?

Equatorial Guinea is classified by FATF as: non_compliant.

What is the AML/KYC regime in Equatorial Guinea?

KYC is not universally mandated.

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Last reviewed: 2026-09-14 · Data source: Soken Crypto Legal Map

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