Category: Algeria

As of 2024, the cryptocurrency landscape in Algeria remains under strict regulation. The Algerian government continues to uphold the ban on cryptocurrencies, initially instituted under the 2018 Financial Law. This law explicitly prohibits the purchase, sale, use, and possession of virtual currencies, characterized by their absence of physical support...

The Republic of Algeria, a North African country with a significant influence in the Arab world, has taken a notably stringent stance on the regulation of cryptocurrencies prior to 2023. This approach is encapsulated in the nation’s legal framework, particularly the Financial Law of 2018, which fundamentally shaped the...