• Wed. Jun 22nd, 2022

Bitcoin Ban: African Countries Where Crypto is Restricted or Illegal

ByHazel R. Lang

Jun 11, 2022

Due to its extreme volatility, its use in nefarious transactions, and the exorbitant use of electricity to mine it, the legal status of digital currency varies widely from country to country. But as more and more Africans turn to crypto, criticism has continued to come in for a series of restrictions on its use.

Some countries have banned the use of Bitcoin and cryptocurrencies, while others have placed limits on how Bitcoin can be used. This article unveils the full list of African countries that have implemented a ban on Bitcoin and cryptocurrency.

To note: Implied prohibitions refer to those that prohibit banks or other financial institutions from trading cryptocurrencies or offering services to people or businesses that involve crypto.

  1. Algeria Absolute prohibition
  2. BenignImplied prohibition
  3. Burkina Faso- Implied prohibition
  4. Burundi— Implied prohibition
  5. Camera room — Implied prohibition
  6. Central African Republic – Implied prohibition
  7. Chad — Implied prohibition
  8. Ivory Coast – Implied prohibition
  9. Ethiopia — Implied prohibition
  10. Democratic Republic of Congo – Implied prohibition
  11. Egypt – Absolute prohibition
  12. Gabon— Implied prohibition
  13. Lesotho— Implied prohibition
  14. Libya — Implied prohibition
  15. Mali— Implied prohibition
  16. Morocco – Absolute prohibition
  17. Namibia — Implied prohibition
  18. Niger— Implied prohibition
  19. Nigeria- Implied prohibition
  20. Senegal — Implied prohibition
  21. Tanzania — Implied prohibition
  22. Go – Implied prohibition
  23. Tunisia – Absolute prohibition
  24. Uganda — Implied prohibition
  25. Zambia — Implied prohibition
  26. Zimbabwe — Implied prohibition


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