Cryptocurrency activities in Guinea-Bissau are currently restricted with no specific regulatory framework or clear legal status. The country follows regional banking and AML regulations under UMOA and BCEAO but lacks explicit crypto laws.
| Status | Restricted |
| Risk Score | 95/100 (Very High Risk) |
| Region | africa west |
| Currency | XOF |
| Capital Gains (Personal) | No specific crypto guidance |
| Capital Gains (Corporate) | 25%-30% corporate income tax (varies) |
| VAT on Crypto | No |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |
No crypto-specific tax guidance. General WAEMU tax framework applies.
| Required | No |
| Regulator | BCEAO |
| Framework | No specific crypto framework |
No crypto licensing framework. BCEAO warnings apply across all WAEMU member states.
Minimal enforcement activity.
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | No |
| FATF Status | fsrb_only |
| FATF Body | GIABA |
| Suspicious-Activity Reporting | Yes |
Status: Unclear
No DeFi regulation.
Status: no_rules
No stablecoin framework.
Status: no_rules
No NFT regulation.
| Legal | No |
| Electricity Cost | $0.2/kWh |
| Renewable Energy | 15% |
| Infrastructure | poor |
Mining is restricted due to high electricity costs and poor infrastructure; no specific mining regulations exist.
| Stability | unstable |
| Sanctions | No |
| Corruption Index | 20/100 |
| Banking Access | restricted |
Risk Factors
Guinea-Bissau faces political instability and governance challenges impacting crypto business environment. Banking access for crypto firms is limited.
Cryptocurrency activities in Guinea-Bissau are currently restricted with no specific regulatory framework or clear legal status. The country follows regional banking and AML regulations under UMOA and BCEAO but lacks explicit crypto laws.
Guinea-Bissau is classified by FATF as: fsrb_only.
KYC is mandatory for crypto businesses.
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Explore IT Services →Last reviewed: 2026-06-01 · Data source: Soken Crypto Legal Map
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