---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "africa_west", "giaba", "restricted"]
aliases: ["ML", "MLI"]
created: 2026-06-01
updated: 2025-01-01
compile_into: ["[[country--mali]]"]
sources:
  - name: "BCEAO"
    url: "https://www.bceao.int"
    type: "official"
---

# 🇲🇱 [[country--mali|Mali]] (ML) — Crypto Regulation

> Cryptocurrency activities in Mali are restricted with no specific regulatory framework or licensing regime for crypto. AML laws apply generally but no explicit crypto regulations are present.

## Overview

| Field | Value |
|-------|-------|
| Status | Restricted |
| Risk Score | 100/100 (Very High Risk) |
| Enforcement Level | Low |
| Region | [[domain--africa|africa west]] |
| Currency | [[entity--xof|XOF]] |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | No specific crypto guidance |
| Capital Gains (Corporate) | 25%-30% corporate income tax (varies) |
| VAT on Crypto | No |
| Mining Tax | No specific guidance |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |

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

## Licensing

| Field | Value |
|-------|-------|
| Required | No |
| Regulator | [[entity--bceao|BCEAO]] |
| Framework | No specific crypto framework |
| Ease | N/A |
| Cost | N/A |
| Timeline | N/A months |

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

## AML / KYC

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

## DeFi

**Status:** Unclear

No DeFi regulation.

## Stablecoins

**Status:** no_rules

No stablecoin framework.

## NFTs

**Status:** no_rules

No NFT regulation.

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.16/kWh |
| Renewable Energy | 15% |
| Climate | tropical |
| Infrastructure | poor |

Mining is allowed but restricted due to high electricity costs and limited infrastructure. Renewable energy share is low, impacting sustainability.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | unstable |
| Sanctions | Yes |
| Corruption Index | 28/100 |
| Ease of Business | difficult |
| Internet Freedom | partly_free |
| Banking Access | restricted |

## Enforcement

Minimal enforcement activity.

## CBDC Status: none

## FAQ

### Is cryptocurrency legal in Mali?

Cryptocurrency activities in Mali are restricted with no specific regulatory framework or licensing regime for crypto. AML laws apply generally but no explicit crypto regulations are present.

### What is the FATF status of Mali?

Mali is classified by FATF as: compliant.

### What is the AML/KYC regime in Mali?

KYC is mandatory for crypto businesses.

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-06-01.*

**Sources:**
- [BCEAO](https://www.bceao.int)