Global Stablecoin Regulation
As of 2025, Egypt maintains a prohibition-by-default stance: issuing, trading, promoting, or operating platforms for cryptoassets (including stablecoins) is illegal without prior approval from the Central Bank of Egypt (CBE). No approvals for stablecoin issuance or trading have been disclosed to date. Public use is therefore legally risky, despite occasional opinion pieces urging legalization.
Legal Status
Prohibited unless CBE-authorised
Regularity Clarity
2/5
Regime Status
In-Force
Allowed Types
None
Classification
Crypto Asset
Stablecoins are treated within the cryptoasset prohibition under Law 194/2020 unless the CBE specifically licenses an activity (none disclosed).
Regulatory Authorities
Consumer Protection
Reserve Requirements
No stablecoin-specific reserve requirements because stablecoin activity is not permitted
Auditing
No stablecoin-specific audit requirements because stablecoin activity is not permitted
Redemption Rights
No stablecoin-specific redemption rights because stablecoin activity is not permitted
