When it comes to Egyptian crypto law, the legal framework governing cryptocurrency use, trading, and taxation in Egypt. Also known as Egyptian digital asset regulations, it’s a patchwork of restrictions, silent bans, and unofficial workarounds that leave most users in the dark. Unlike countries that openly embrace crypto or ban it outright, Egypt walks a tightrope — allowing crypto ownership but blocking bank support, taxing income but not defining how to report it, and warning against trading while doing nothing to regulate exchanges.
This confusion doesn’t stop people from using crypto. In fact, Egypt ranks among the top 10 countries globally for P2P Bitcoin trading volume, according to Chainalysis. Why? Because inflation eats away at the Egyptian pound, and crypto is one of the few ways to preserve value. But here’s the catch: Central Bank of Egypt, the nation’s financial regulator that has repeatedly declared crypto illegal for banking and payment purposes. Also known as CBE, it has no official stance on holding crypto, only on using it to send or receive money through banks. That means you can buy Bitcoin on Binance or hold it in a wallet — but if you try to deposit earnings from crypto into your bank account, you risk having your account frozen. And if you’re caught using crypto to pay for goods or services? You could face fines under the country’s anti-money laundering rules.
The crypto tax law, a proposed but not yet enforced system that would tax crypto gains as capital income. Also known as digital asset taxation, it’s been under discussion since 2023, but no official form, rate, or filing process has been published. So while the government knows people are making money from crypto, they haven’t figured out how to collect it. That’s why most traders stay silent — they’re not trying to hide, they just don’t know what’s expected. Meanwhile, local exchanges like BitOasis, a regional platform that operates in Egypt but restricts fiat deposits for Egyptian users. Also known as BitOasis Egypt, it’s one of the few services that still allows Egyptians to trade crypto without direct bank links. have pulled back from direct marketing, and even Telegram groups offering crypto tutorials now warn users to avoid mentioning Egypt in public chats.
If you’re in Egypt and holding crypto, you’re not breaking the law by owning it. But you are operating in a legal grey zone where banks, law enforcement, and tax authorities don’t agree on what’s allowed. The real risk isn’t jail — it’s losing access to your money if your bank catches wind of your activity. That’s why most users rely on P2P platforms like Paxful or LocalBitcoins, where trades happen in cash or mobile wallets. It’s slow, risky, and sometimes dangerous — but it works.
What you’ll find below are real reviews and breakdowns of platforms and coins that Egyptians actually use — not the hype, not the scams, but the tools people rely on despite the restrictions. From exchanges that still work to meme coins with zero regulatory risk, this collection cuts through the noise. No theory. No guesswork. Just what’s happening on the ground in 2025.
Egypt imposes fines of 1 to 10 million Egyptian pounds for crypto trading, with jail time possible. Despite the ban, millions still use crypto to beat inflation. Here's what you need to know about the law, enforcement, and real-world impact.