Mauritania Compliance Report

Regulatory Overview

Regulatory Status

Regulators have not addressed crypto; legal status ambiguous

Key Regulator(s)

Central Bank of Mauritania, Non-SDN Palestinian Legislative Council

Primary Legislation

A June 2021 law on electronic payment services, enabling non-bank providers for

Travel Rule

Adopted — Threshold: Implemented

Tax Reporting

Absence: There is no specific tax legislation in Mauritania dedicated to cryptocurrencies or virtual assets. This means there are no crypto-specific capital gains rates, income tax rules, or VAT treatments.. Not Legal Tender: The Central Bank of Mauritania (BCM) has repeatedly warned against the use of cryptocurrencies, stating they are not legal tender and are not regulated by the BCM. They have highlighted risks such as volatility, lack of consumer protection, and potential for illicit activities.. Reference (General BCM website, where warnings are typically published):. Banque Centrale de Mauritanie (BCM): http://www.bcm.mr/. No Specific Rates for Crypto: Mauritania does not have a specific capital gains tax regime for individuals trading cryptocurrencies.

Key Facts

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