Plasma

Global Stablecoin Regulation

Algeria

Algeria

by
Plasma
Plasma
Last Updated: May 20, 2026
As of 2025, Algeria criminalizes all cryptocurrency activity, including stablecoins. Law 25-10 (Journal Officiel No. 48, 24 July 2025) adds Article 6 bis to the AML/CFT law, banning the issuance, purchase, sale, use, possession, trading, promotion, and the operation of exchanges/wallet platforms, and expressly includes mining. Breaches are punishable by two months to one year in prison and 200,000–1,000,000 DZD in fines (Article 31 bis). This builds on Algeria’s 2018 Finance Law prohibition on dealing in virtual currencies; the 2025 law makes violations explicitly criminal.

Journal Officiel No. 48

Digital Policy Alert

+ 1
Legal Status

Banned

Regularity Clarity
1/5
Regime Status

In-Force

Classification

Crypto Asset

Algeria treats stablecoins as “virtual assets” within the scope of Law 25-10 (JO n°48, 24 Jul 2025), which prohibits their issuance, purchase, sale, use, possession, promotion, trading, and the creation or operation of related exchange/wallet platforms (mining included). The law does not classify them as financial products; it imposes a criminal ban under the AML/CFT statute. This builds on the 2018 Finance Law (17-11) prohibition on dealing in virtual currencies

Journal Officiel No. 48 (24 Jul 2025)

Digital Policy Alert

Regulatory Authorities

Bank of Algeria

Central bank; oversees monetary policy and payment-system oversight, and issues/supervises prudential and AML rules for banks. Not the criminal enforcer of the crypto ban; banks must comply with the ban and AML measures under BoA/Banking Commission supervision.

Banking Commission

Prudential supervisor of banks; monitors compliance with laws and regulations and can take supervisory action where institutions breach requirements (including AML/virtual-asset blocking obligations).

Consumer Protection

Reserve Requirements

Algeria bans virtual-asset activity under Law 25-10, so there is no regulatory framework for stablecoin issuance, backing, or custody. Banks must block operations linked to virtual assets under the Bank of Algeria’s AML rule.

Auditing

None. Because issuance and use are illegal, there is no statutory audit/attestation or disclosure regime for stablecoins. Financial institutions are instead required to detect, block, and report VA-related activity to the FIU.

Redemption Rights

None. No legal right to redeem at par (or at all) exists, as stablecoin issuance, possession, and use are criminalized by Law 25-10.

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