Libya's central bank prohibits all cryptocurrency activities, effectively banning crypto operations in the country.
| Status | Banned |
| Risk Score | 100/100 (Very High Risk) |
| Region | africa west |
| Currency | LYD |
| Capital Gains (Personal) | N/A |
| Capital Gains (Corporate) | N/A |
| VAT on Crypto | No |
| Staking Tax | N/A |
| Airdrop Tax | N/A |
No crypto-specific tax guidance available.
| Required | No |
| Regulator | CBL |
| Framework | CBL prohibits all cryptocurrency activities |
| Ease | very_complex |
No detailed enforcement information available
| KYC Required | No |
| Travel Rule | No |
| FATF Member | No |
| FATF Status | non_compliant |
| FATF Body | MENAFATF |
| Suspicious-Activity Reporting | No |
Status: Banned
Status: Banned
Status: Banned
| Legal | No |
| Electricity Cost | $0.008/kWh |
| Renewable Energy | 2% |
| Infrastructure | poor |
Crypto mining is banned in Libya. Electricity is very cheap but infrastructure is poor and renewable energy penetration is minimal.
| Stability | unstable |
| Sanctions | Yes |
| Corruption Index | 13/100 |
| Banking Access | restricted |
Risk Factors
Libya's central bank prohibits all cryptocurrency activities, effectively banning crypto operations in the country.
Libya is classified by FATF as: non_compliant.
KYC is not universally mandated.
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Explore IT Services →Last reviewed: 2026-06-01 · Data source: Soken Crypto Legal Map
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