🇬🇼 Guinea-Bissau

Guinea-Bissau operates under the regional monetary authority BCEAO with no specific national crypto regulations, resulting in a restricted crypto environment. There is no explicit crypto licensing or tax framework detailed for Guinea-Bissau, and AML regulations are governed by UMOA-wide rules without crypto-specific provisions.

Overview

StatusRestricted
Risk Score95/100 (Very High Risk)
Regionafrica west
CurrencyXOF

Tax Information

Capital Gains (Personal)No specific crypto guidance
Capital Gains (Corporate)25%-30% corporate income tax (varies)
VAT on CryptoNo
Staking TaxNo specific guidance
Airdrop TaxNo specific guidance

No crypto-specific tax guidance. General WAEMU tax framework applies.

Licensing & Registration

RequiredNo
RegulatorBCEAO
FrameworkNo specific crypto framework

No crypto licensing framework. BCEAO warnings apply across all WAEMU member states.

Enforcement Activity

Level: Low

Minimal enforcement activity.

AML / KYC

KYC RequiredYes
Travel RuleYes
FATF MemberYes
FATF Statuscompliant
FATF BodyGABAC
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: Unclear

No DeFi regulation.

Stablecoins

Status: no_rules

No stablecoin framework.

NFTs

Status: no_rules

No NFT regulation.

Mining

LegalYes
Electricity Cost$0.2/kWh
Renewable Energy15%
Infrastructurepoor

Mining is legal but restricted due to high electricity costs, limited infrastructure, and regulatory uncertainty.

Geopolitical Risk

Stabilityunstable
SanctionsNo
Corruption Index20/100
Banking Accessrestricted
Sanctions Program ActiveNo

Risk Factors

Guinea-Bissau faces significant political instability and corruption challenges, with difficult business environment and restricted banking access for crypto companies.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Guinea-Bissau?

Guinea-Bissau operates under the regional monetary authority BCEAO with no specific national crypto regulations, resulting in a restricted crypto environment. There is no explicit crypto licensing or tax framework detailed for Guinea-Bissau, and AML regulations are governed by UMOA-wide rules without crypto-specific provisions.

What is the FATF status of Guinea-Bissau?

Guinea-Bissau is classified by FATF as: compliant.

What is the AML/KYC regime in Guinea-Bissau?

KYC is mandatory for crypto businesses.

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

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