BTC $67,653.00 (+2.05%)
ETH $1,967.49 (+2.29%)
XRP $1.43 (+2.30%)
BNB $624.11 (+4.13%)
SOL $84.43 (+4.83%)
TRX $0.29 (+1.01%)
DOGE $0.10 (+4.56%)
BCH $562.76 (+1.81%)
ADA $0.28 (+5.59%)
LEO $8.69 (+0.06%)
HYPE $29.89 (+5.33%)
LINK $8.85 (+5.00%)
CC $0.16 (+2.90%)
XMR $331.96 (+1.67%)
XLM $0.16 (+2.86%)
RAIN $0.01 (-1.75%)
ZEC $258.80 (-0.09%)
HBAR $0.10 (+3.30%)
LTC $55.18 (+6.11%)
AVAX $9.14 (+3.90%)

Burundi vs Egypt

Crypto regulation comparison

← Back to map | Burundi | Egypt
Burundi

Burundi

Egypt

Egypt

No Data
Restricted

-

Egypt heavily restricts cryptocurrency. The Central Bank of Egypt prohibits banks from dealing in or facilitating crypto transactions, and a 2018 Dar al-Ifta fatwa declared crypto trading haram. However, Egypt's 2020 banking law created a framework that could eventually allow regulated crypto under CBE licensing.

Tax Type Unclear
Tax Type Unclear
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges No No
Mining No No
Mining No No
Regulator -
Regulator Central Bank of Egypt (CBE), Dar al-Ifta
Stablecoin Rules -
Stablecoin Rules Not applicable under current restrictions
Key Points

-

Key Points
  • CBE prohibits banks and financial institutions from dealing in cryptocurrency
  • Dar al-Ifta issued a 2018 religious ruling (fatwa) against crypto trading
  • 2020 Central Bank and Banking Sector Law requires CBE approval for any crypto activity
  • Creating or operating a crypto platform without CBE license is illegal
  • Despite restrictions, Egypt has significant peer-to-peer crypto activity
Sources

-

Sources