Overview

• Law No. 25-10, enacted on July 24, criminalises the issuance, trading, mining, wallet use, and promotion of all digital assets in Algeria.
• Violators face prison sentences ranging from two months to one year and fines between 200,000 and 1,000,000 Algerian dinars, with harsher penalties for organized crime links.
• The Bank of Algeria, Banking Commission, and security agencies are expanding digital and physical monitoring to enforce the new ban.
• Officials say the prohibition aligns Algeria’s legal framework with FATF standards to counter money laundering and terrorist financing.
• The blanket ban stands in stark contrast to global trends toward regulated crypto integration and risks pushing domestic activity underground.