Country overview


Country stats

Rating Points
This indicator describes the overall rating of a given jurisdiction on several parameters according to cryptocurrency operations - market volume, crypto regulation, business climate, taxation framework.
Crypto Penetration
Estimated percentage of crypto users out of the country's total population based on public data.
Legal Entities
Number of crypto companies registered in the country based on regulator data if available or other types of public data.
Regulation Points
An overall assessment of the granularity of crypto regulation in a given country. A high score is also given to countries where cryptocurrency transactions are highly regulated.
Amount of crypto users
3 276 000
Total amount of crypto users out of the country's total population based on public data.
Taxation points
This figure, according to our analysts' calculations, indicates the overall level of tax burden for cryptocurrency transactions in a given country. The higher the indicator, the lower the burden.
Market volume points
A rough estimate of this jurisdiction's retail crypto market relative to the rest of the world. The higher the indicator, the higher the market potential.
Status of crypto
General status of cryptocurrency regulation in this jurisdiction.
Crypto payments
The legal status of cryptocurrency payments for goods and services in a given country based on information from regulators, public data and feedback from our community.
Security Level
Moderate danger
The overall level of security in a given country based on open data.
Crypto Salaries
The legal status of cryptocurrency salaries to employers in a given country based on information from regulators, public data and feedback from our community.
Business Climate
No data
Overall assessment of the friendliness of this country for crypto-business. This indicator takes into account the cost of obtaining a license and the attitude towards crypto entities in the country.
Stablecoin Regulation
No data
This indicator is evaluating the regulation of stablecoins in a given country. Complex regulation means that it is possible to issue steiblcoins and obtain a license for this activity. Basic regulation means that the issuance of stablecoins is possible, but not all legal aspects are defined in the law. Standard regulation means that there is a legal practice of steylcoin circulation in a given country.
Bad Factors
This section describes the unfavorable economic factors for crypto-business in a given country. These are countries that are under sanctions or on the FATF grey list and other factors.
Types of licenses
No licenses exist

Egypt is the largest country in North Africa by population (over 100 million people, source Wikipedia (1)). As a developing country, Egypt has a high demand for cryptocurrencies. At the same time, there is still no clarity in the regulatory sphere. The prohibition imposed in 2020 remains in effect. However, crypto exchanges operate online in the country, and p2p exchange has been developed.

Security level

Egypt has a moderate danger security level according to our rating. Jurisdiction has 53.0 points (from 100) for safety level in Numbeo crime rating (2). Homicide level (3) is 1.3 per 100,000 inhabitants a year.

Crypto Payments

Crypto payments are restricted.

Crypto Salaries

Crypto salaries are restricted.


In September 2022 The Central Bank of Egypt (CBE) has issued (4) a fresh statement which prohibits “issuing, trading, or promoting cryptocurrencies, creating or operating platforms for trading it, or carrying out related activities.” In March 2023, the CBE issued a fourth warning (5) against crypto operations and stated that no crypto exchange is licensed to operate in Egypt.

At the same time, there are rumors that the Central Bank of Egypt (CBE) is moving (6) forward to adopt cryptocurrency laws that will be regulated by the CBE, according to Heba Hegazi, senior associate at Marghany Advocates in Cairo.

Tax nameIndex
PIT tax Min0
PIT tax Max27.5
Corporate tax (CIT)22
Min Individual CGT (for crypto)22.5
Max Individual CGT (for crypto)22.5
Wealth tax Min0
Wealth tax Max0

The headline PIT rate is 27.5, according to PWC(7).


Headline CIT rate is 22.5% by PWC(7).


Based on PWC(7), the headline corporate capital gains tax rate is 0%, 10%, or 22.5%.