🇪🇬
Local MarketEGPBanned
Crypto in Egypt
Reference guide with links to local authorities. Specific tax and regulatory claims are published only after the applicable primary guidance has been reviewed.
Official source for regulatory status: Central Bank of Egypt: Fourth Warning Statement on Cryptocurrencies, 8 March 2023 (supports: regulatory status, regulatory framework, regulatory timeline)
Local review · 2026-08-17
Next review: 2026-11-17
International virtual-asset standards, crypto tax reporting framework, and adoption methodology. Local rules can change; verify with the relevant authority before acting.
Tax
Regulation
- Central Bank of Egypt: Fourth Warning Statement on Cryptocurrencies, 8 March 2023 (supports: regulatory status, regulatory framework, regulatory timeline)
Verify a provider
A register helps verify the named entity and stated activity. It does not validate every asset, product, or risk.
No current official national adoption figure is available to show.
4M+Users / investorsEstimate
~4%AdoptionEstimate
$600M+ anualP2P Vol.Estimate
Top 5 MENARankEstimate
No official figures are linked for this country.
Blue figures are older estimates without a verifiable official source: they are shown as context, not official data, and are not used to rank or score countries.
$ Converter
BTC =
🇪🇬Banned
Egypt
Africa · EGP
BannedRegulatory status
4M+ (est.)Users / investors
~4% (est.)Adoption
—Top Exchange
VerifyMax Tax
VerifyCrypto Spots
Regulation Timeline
2023
CBE reiterates that Law 194/2020 prohibits crypto activities and that it has issued no cryptocurrency-trading licences.
Official source for these events: Central Bank of Egypt: Fourth Warning Statement on Cryptocurrencies, 8 March 2023 (supports: regulatory status, regulatory framework, regulatory timeline)
Regulatory Framework
CBE's March 2023 statement reiterates that the Central Bank and Banking System Law 194/2020 prohibits issuing cryptocurrencies, trading or promoting them, creating or operating platforms to trade them, and related activities. CBE says no licence has been issued for those activities in the Egyptian market. Do not use the existence of an app, platform, or market statistic as proof of authorisation.
Official source for this framework: Central Bank of Egypt: Fourth Warning Statement on Cryptocurrencies, 8 March 2023 (supports: regulatory status, regulatory framework, regulatory timeline)
How to Buy Crypto
1
Check the linked official regulatory register or portal before choosing a provider.
2
Confirm tax treatment with the linked official guidance and a local professional where appropriate.
Crypto Taxes
Treatment to verify
We are verifying local tax treatment against primary guidance. Rates, deductions, and deadlines stay hidden until the applicable rule is confirmed.
Official tax portal for verification: Egyptian Tax Authority: tax authority portal
Comparison: Africa
| Country | Users / investors | Adoption | P2P Vol. | Status | Exchange |
|---|---|---|---|---|---|
| 🇪🇬 EgyptYou | No official figure | No official figure | No official figure | Banned | — |
| 🇳🇬 Nigeria | No official figure | No official figure | No official figure | Regulated | — |
| 🇿🇦 South Africa | >5.8M holders (SARS, 2024) | No official figure | No official figure | Regulated | — |
| 🇰🇪 Kenya | No official figure | No official figure | No official figure | Regulated | — |
| 🇲🇦 Morocco | No official figure | 1.3% current holders (AMMC survey, 2024) | No official figure | Access restricted | — |
| 🇬🇠Ghana | >3M users (BoG policy position, 2026) | No official figure | No official figure | Regulated | — |
| 🇹🇿 Tanzania | No official figure | No official figure | No official figure | Access restricted | — |
| 🇪🇹 Ethiopia | No official figure | No official figure | No official figure | Access restricted | — |
| 🇺🇬 Uganda | No official figure | No official figure | No official figure | Unregulated | — |
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