Algeria Compliance Report

Regulatory Overview

Regulatory Status

Regulators have not addressed crypto; legal status ambiguous

Primary Legislation

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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.". **Capital Gains Tax Rates on Crypto:**. **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.. **Income Tax on Crypto:**. **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.

Key Facts

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