Saudi Arabia
Region: middle-eastrestricted
Cryptocurrency is restricted in Saudi Arabia.
Regulatory Framework
Trading & ownership
Saudi Arabia does not have a clear legal framework permitting crypto trading for retail users. SAMA and the CMA have issued warnings about crypto risks. Banks are generally restricted from dealing in crypto assets. The Saudi CMA is exploring tokenisation of financial assets and blockchain use cases under Vision 2030.
Payments & Commerce
Mining Operations
Exchange Licensing & AML/KYC
KYC: . AML:
Taxation
Capital Gains Tax
Saudi Arabia has no personal income tax. No formal crypto tax framework exists.
Income Tax (Staking/Mining)
No personal income tax in Saudi Arabia.
VAT & Sales Tax