Central African Republic vs Algeria
Crypto regulation comparison
Central African Republic
Algeria
Legal
Banned
The Central African Republic briefly adopted Bitcoin as legal tender in 2022 under the 'Sango' project, but this was struck down by the Constitutional Court. Crypto remains legal but the legal tender status was reversed.
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
Yes
Exchanges
No
Mining
Yes
Mining
No
Regulator
BEAC (Bank of Central African States)
Regulator
Bank of Algeria
Stablecoin Rules
No specific stablecoin regulation
Stablecoin Rules
All crypto activities banned including stablecoins
Key Points
- Bitcoin was briefly adopted as legal tender in 2022 via the Sango Act
- Constitutional Court struck down the legal tender provision
- Crypto trading and holding remain legal
- BEAC opposed the Bitcoin legal tender move
- Sango crypto hub project launched but has faced significant challenges
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