BTC $67,488.00 (-1.23%)
ETH $1,947.89 (-1.50%)
XRP $1.39 (-3.46%)
BNB $614.02 (-1.96%)
SOL $83.43 (-2.64%)
TRX $0.29 (+0.56%)
DOGE $0.10 (-4.00%)
BCH $570.01 (+0.88%)
ADA $0.27 (-3.62%)
LEO $8.20 (-2.32%)
HYPE $28.94 (-2.58%)
LINK $8.66 (-2.82%)
CC $0.16 (-0.27%)
XMR $326.42 (+0.22%)
XLM $0.15 (-4.63%)
RAIN $0.01 (+1.71%)
HBAR $0.10 (-2.75%)
LTC $53.35 (-3.10%)
ZEC $245.03 (-6.16%)
AVAX $8.82 (-3.98%)

United Arab Emirates vs Algeria

Crypto regulation comparison

← Back to map | United Arab Emirates | Algeria
United Arab Emirates

United Arab Emirates

Algeria

Algeria

Legal
Banned

The UAE has become a global crypto hub with multiple regulatory frameworks. Dubai's VARA (Virtual Assets Regulatory Authority), established in 2022, is the world's first dedicated crypto regulator and licenses exchanges, brokers, and other VASPs. Abu Dhabi's ADGM regulates crypto through the FSRA. The federal SCA also oversees crypto at the national level. The UAE has no personal income or capital gains tax. Major global exchanges (Binance, Bybit, OKX, Crypto.com) have obtained UAE licenses.

Algeria maintains one of the world's strictest cryptocurrency bans. Article 117 of the 2018 Finance Law prohibits the purchase, sale, use, and possession of virtual currencies. Law No. 25-10 (2025) further codified criminal penalties including imprisonment and fines for crypto-related activities.

Tax Type None
Tax Type None
Tax Rate 0%
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator VARA (Dubai), ADGM/FSRA (Abu Dhabi), SCA (Federal), CBUAE
Regulator Bank of Algeria
Stablecoin Rules VARA regulates stablecoins in Dubai; ADGM has separate framework
Stablecoin Rules All crypto activities banned including stablecoins
Key Points
  • VARA (Dubai) — world's first standalone virtual asset regulator; comprehensive licensing framework
  • ADGM/FSRA (Abu Dhabi) — separate regulatory framework for digital assets in the financial free zone
  • No personal income tax or capital gains tax in the UAE
  • 9% corporate tax (from 2023) may apply to crypto businesses but not individual investors
  • Major exchanges licensed: Binance, Bybit, OKX, Crypto.com, BitOasis
Key Points
  • 2018 Finance Law (Article 117) prohibits purchase, sale, use, and holding of virtual currency
  • No licensed crypto exchanges operate in Algeria
  • Bank of Algeria has issued multiple warnings against cryptocurrency
  • Law No. 25-10 (2025) codifies prison sentences and fines for crypto offenses
  • Despite the ban, peer-to-peer crypto usage persists informally
Sources
Sources