How crypto tax works in Egypt
Egypt's Banking Law 194/2020 criminalises unlicensed dealing in cryptocurrencies, and the Central Bank states no licence has ever issued for Egyptian-market trading.
Repeated CBE warnings cover fraud, volatility, financial crime, and piracy risks across individuals, companies, apps, and platforms without exception.
With prohibition in force, no capital-gains, income, or VAT mechanics apply compliantly, and scam platforms face fraud prosecution rather than tax assessment.
Tax rates at a glance
- Classification
- Prohibited unlicensed
- Licences issued
- None
- Compliant gains path
- None
- Bank facilitation
- Warned off
- Fraud exposure
- Criminal
Who benefits most
These profiles tend to benefit most when the rules match their real residence, payroll and business setup.
Compliance officersRisk teamsExpatsResearchersRegional planners
Watch out for
- Prohibition first means tax rates never enter: unlicensed dealing faces criminal exposure, not assessments with payment slips.
- Scam platforms promising guaranteed crypto returns draw fraud prosecution, and victims get warnings rather than recovery mechanisms.
- No licence has ever issued, so any claimed Egyptian authorisation is false on its face and verifiable with the Central Bank.
- Regional planners should route North-African crypto exposure through framework jurisdictions rather than testing Egyptian tolerance.
Frequently asked questions
Is crypto legal in Egypt?
Unlicensed dealing is prohibited under Banking Law 194/2020, with repeated Central Bank warnings and no licence ever issued for Egyptian-market trading.
How is crypto taxed in Egypt?
No compliant gains framework exists while prohibition stands. Unlicensed activity faces criminal exposure rather than tax mechanics.
Has Egypt licensed any crypto exchange?
No. The Central Bank states explicitly that no licence has ever been granted for such trading in the Egyptian market.