Algeria Compliance Report

Regulatory Overview

Regulatory Status

Dedicated crypto/VA legislation, licensing regime, active enforcement

Key Regulator(s)

Central Bank of Algeria, Algerian Prime Ministry, Ministry of Finance and the Committee

Primary Legislation

Law No. 18-13 of December 28, 2018, bearing the Finance Law for 2019 (Loi n° 18-, Article 117 of this law explicitly criminalizes the use and trading of virtual c, Ordinance No. 03-04 of July 19, 2003, on Capital Markets (Ordonnance n° 03-04 du

Travel Rule

Adopted — Threshold: Implemented

Tax Reporting

"The purchase, sale, and use of so-called virtual currency are prohibited. Any violation of this provision is punishable in accordance with the laws and regulations in force.". None. Since the purchase, sale, and use of virtual currency are prohibited, there are no legal grounds for capital gains to be recognized or taxed. Any gains derived from illegal activities would not be considered taxable income in the conventional sense but rather potential proceeds from a criminal act, subject to confiscation, fines, or other penalties under relevant financial crime legislation.. None. Similarly, income derived from activities involving virtual currencies (e.g., mining, trading, staking, or receiving crypto as payment for goods/services) is not recognized as legitimate income for tax purposes. Engaging in such activities is illegal and could lead to penalties rather than income tax obligations.. None. As all transactions involving virtual currencies are prohibited, they cannot be subject to Value Added Tax (VAT) or Goods and Services Tax (GST). VAT is applied to legal transactions of goods and services.. No specific crypto reporting requirements. Since engaging with cryptocurrency is illegal, there are no official reporting requirements for individuals or businesses regarding crypto holdings, transactions, or gains/losses.

Key Facts

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