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Algeria vs Mauritania

Crypto regulation comparison

← Back to map | Algeria | Mauritania
Algeria

Algeria

Mauritania

Mauritania

Banned
Restricted

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.

Mauritania has a restrictive stance on cryptocurrency. Islamic finance principles influence the financial regulatory approach. The central bank has warned against crypto use.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges No No
Mining No No
Mining No No
Regulator Bank of Algeria
Regulator Banque Centrale de Mauritanie
Stablecoin Rules All crypto activities banned including stablecoins
Stablecoin Rules No 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
  • Central bank has warned against cryptocurrency use
  • Islamic finance principles influence regulatory approach
  • No specific cryptocurrency legislation
  • Limited crypto infrastructure
  • Financial institutions discouraged from dealing in crypto
Sources
Sources