Algeria: Finance Law for the year 2018 (Law No. 17-11) including prohibition of the purchase, sale, use, and possession of virtual currencies under Article 117 entered into force
Description
Finance Law for the year 2018 (Law No. 17-11) including prohibition of the purchase, sale, use, and possession of virtual currencies under Article 117 entered into force
On 1 January 2018, the Finance Law for the year 2018 (Law No. 17-11) entered into force, explicitly prohibiting the purchase, sale, use, and possession of virtual currencies under Article 117. The law defines virtual currencies as digital assets lac…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Prohibition of goods and services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central government