---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "africa_west", "menafatf", "banned"]
aliases: ["LY", "LBY", "ليبيا"]
created: 2026-04-13
updated: 2026-04-02
compile_into: ["[[country--libya]]"]
sources:
  - name: "https://cbl.gov.ly"
    url: "https://cbl.gov.ly"
    type: "official"
---

#  Libya (LY) — Crypto Regulation

> Libya's central bank prohibits all cryptocurrency activities, effectively banning crypto operations in the country.

## Overview

| Field | Value |
|-------|-------|
| Status | Banned |
| Risk Score | 90/100 (Very High Risk) |
| Enforcement Level | Low |
| Region | [[domain--africa|africa west]] |
| Currency | [[entity--lyd|LYD]] |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | N/A |
| Capital Gains (Corporate) | N/A |
| VAT on Crypto | No |
| Mining Tax | No specific guidance |
| Staking Tax | N/A |
| Airdrop Tax | N/A |

No crypto-specific tax guidance available.

## Licensing

| Field | Value |
|-------|-------|
| Required | No |
| Regulator | [[entity--cbl|CBL]] |
| Framework | CBL prohibits all cryptocurrency activities |
| Ease | very_complex |
| Cost | N/A |
| Timeline | N/A months |

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | No |
| Travel Rule | No |
| FATF Member | No |
| FATF Status | non_compliant |

## DeFi

**Status:** Banned

## Stablecoins

**Status:** Banned

## NFTs

**Status:** Banned

## Mining

| Field | Value |
|-------|-------|
| Legal | No |
| Electricity Cost | $0.008/kWh |
| Renewable Energy | 2% |
| Climate | arid |
| Infrastructure | poor |

Crypto mining is banned in Libya. Electricity is very cheap but infrastructure is poor and renewable energy penetration is minimal.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | unstable |
| Sanctions | Yes |
| Corruption Index | 17/100 |
| Ease of Business | very_difficult |
| Internet Freedom | not_free |
| Banking Access | restricted |

## Enforcement

No detailed enforcement information available

## CBDC Status: none

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-04-13.*

**Sources:**
- [https://cbl.gov.ly](https://cbl.gov.ly)