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Lebanon vs Sudan

Crypto regulation comparison

← Back to map | Lebanon | Sudan
Lebanon

Lebanon

Sudan

Sudan

No Regulation
Restricted

Lebanon has no specific cryptocurrency legislation. The Banque du Liban issued a 2014 circular warning financial institutions against dealing with digital currencies, but crypto itself is not banned. Amid the severe economic crisis and banking collapse since 2019, crypto adoption has surged as citizens seek alternatives to the devalued Lebanese pound.

Sudan has a restrictive financial environment compounded by political instability and historical international sanctions. The central bank has warned against crypto use.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator BDL (Banque du Liban)
Regulator Central Bank of Sudan
Stablecoin Rules No regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • BDL Circular 318 (2014) warned banks against dealing in crypto but did not ban it outright
  • No dedicated crypto regulatory framework or licensing regime
  • Severe banking crisis and capital controls have driven crypto adoption
  • Crypto used as a store of value and remittance channel during economic collapse
  • No specific crypto taxation rules in place
Key Points
  • Central bank has warned against cryptocurrency use
  • Political instability and conflict limit regulatory development
  • Historical international sanctions restrict financial access
  • No specific cryptocurrency legislation
  • Very limited crypto infrastructure
Sources
Sources