Algeria vs Montenegro
Crypto regulation comparison
Algeria
Montenegro
Banned
Legal
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.
Montenegro has no specific crypto law but crypto is not prohibited. Working toward EU candidacy and potential MiCA alignment. Capital gains taxed under general provisions.
Tax Type
None
Tax Type
Capital gains
Tax Rate
N/A
Tax Rate
9-15%
Exchanges
No
Exchanges
Yes
Mining
No
Mining
Yes
Regulator
Bank of Algeria
Regulator
Central Bank of Montenegro, Capital Market Authority
Stablecoin Rules
All crypto activities banned including stablecoins
Stablecoin Rules
No specific stablecoin regulation
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
Key Points
- No specific cryptocurrency legislation but crypto is legal
- Working toward EU candidacy and MiCA alignment
- Capital gains on crypto taxed at 9-15%
- Central Bank has acknowledged crypto without banning it
- Growing interest in crypto-friendly policies