Is Bitcoin Legal in Egypt?
No. Egypt's central bank law prohibits issuing, trading or promoting crypto without a Central Bank of Egypt licence, and no such licence has been granted.
Banned · facts checked November 2026 · bitcoin is $76,763 today
| Status | Banned |
|---|---|
| Regulator | Central Bank of Egypt (CBE) |
| Main law | Central Bank and Banking Sector Law No. 194 of 2020, Article 206 (penalties under Article 225) |
| Exchanges | Required in theory, but none has been issued, so no local exchanges operate legally. |
| Paying with bitcoin | No. Crypto is not legal tender and cannot be used for payments. |
| Banks | No. The CBE repeatedly warns customers and bars banks from crypto dealings. |
| Tax | Not applicable (activity prohibited); no crypto tax regime exists. |
| Mining | Banned (falls under the Article 206 prohibition) |
| Recent change | No easing through 2026; the CBE continues to issue public warnings, and the Article 206 ban remains in force. |
Bitcoin in Egypt: FAQ
Is bitcoin legal in Egypt?
No: Egypt's central bank law prohibits issuing, trading or promoting crypto without a Central Bank of Egypt licence, and no such licence has been granted.
Is bitcoin legal tender in Egypt?
No. Crypto is not legal tender and cannot be used for payments.
How is bitcoin taxed in Egypt?
Not applicable (activity prohibited); no crypto tax regime exists.
Who regulates crypto in Egypt?
Central Bank of Egypt (CBE). Required in theory, but none has been issued, so no local exchanges operate legally.
Is bitcoin mining legal in Egypt?
Banned (falls under the Article 206 prohibition).
Other Countries Where Bitcoin Is Banned
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