Algeria has stunned the cryptocurrency world with one of the strictest regulatory crackdowns yet. Under Law No. 25-10, owning, trading, or mining cryptocurrencies now carries severe penalties, including jail time and fines up to $7,700. This move sends a clear message: the Algerian government is taking a zero-tolerance stance against decentralized finance.
What Does Algeria’s Crypto Ban Mean for Users?
The new law targets all aspects of cryptocurrency activity:
- Ownership: Holding digital assets is now illegal.
- Trading: Buying or selling cryptocurrencies can lead to imprisonment.
- Mining: Operating mining equipment is prohibited.
How Algeria’s Crypto Regulations Compare to Neighboring Countries
| Country | Stance on Crypto |
|---|---|
| Algeria | Complete ban with jail time |
| Morocco | Considering regulated framework |
| Egypt | Limited trading with oversight |
Why Is Algeria Taking Such a Hard Line on Cryptocurrency?
The government cites three main reasons for the crackdown:
- Preventing money laundering and terrorist financing
- Protecting the national currency from volatility
- Maintaining control over financial transactions
The Immediate Impact of Algeria’s Crypto Law
Since the law took effect on July 24, 2025:
- Crypto traders have abandoned their investments
- Mining operations face shutdown
- Businesses dealing in crypto equipment face uncertainty
Will Algeria’s Crypto Ban Achieve Its Goals?
While the government aims for financial stability, experts question whether:
- Enforcement can be effective nationwide
- The ban might drive crypto activity underground
- It could limit financial inclusion opportunities
Frequently Asked Questions
What are the penalties for using cryptocurrency in Algeria?
Violators face 2-12 months in jail and fines between $1,540-$7,700.
Can Algerians still access international crypto exchanges?
The government is actively blocking access, even through VPNs.
How does this compare to other African countries’ crypto policies?
Algeria’s approach is among the strictest, while some neighbors are moving toward regulation.
What happens to existing cryptocurrency holdings?
They must be liquidated or risk confiscation and legal action.
Are there any exceptions to the ban?
No, the law applies to all individuals and businesses equally.
