Brunei vs Algeria
Crypto regulation comparison
Brunei
Algeria
Restricted
Banned
Brunei has no specific cryptocurrency legislation. The BDCB (formerly AMBD) stated in 2017 that crypto is not legal tender and not regulated, warning the public about risks. Crypto is not banned but has no legal protection. No tax guidelines address crypto specifically.
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
N/A
Tax Rate
N/A
Exchanges
No
Exchanges
No
Mining
Yes
Mining
No
Regulator
Brunei Darussalam Central Bank (BDCB, formerly AMBD)
Regulator
Bank of Algeria
Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
All crypto activities banned including stablecoins
Key Points
- BDCB stated in 2017 that crypto is not legal tender and not regulated
- Crypto not recognized as legal tender
- No specific cryptocurrency legislation
- Financial institutions discouraged from dealing in crypto
- No tax guidelines specifically address cryptocurrency
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