Tokenization & crypto licensing in Egypt

3 official registers read, 45 entries from Financial Regulatory Authority.

Buying crypto in Egypt: what to know

Banned

العربية

Who regulates

Central Bank of Egypt (CBE) — Article 206 of Law 194/2020 bars issuing, trading, promoting or operating platforms for crypto without a CBE licence
Financial Regulatory Authority (FRA) — Issues public warnings on crypto dealing (latest May 2025)

Licensing of providers

Law 194 of 2020 (Article 206) makes issuing, trading and promoting crypto, and operating platforms, subject to prior CBE approval; no such approval is known to have been granted. The FRA states the penalty as imprisonment and/or a fine of EGP 1-10 million.

Tax

Egypt has no tax guidance on crypto, and dealing in crypto without a Central Bank licence is restricted by Law 194/2020. Gains on EGX-listed shares are exempt since Law 151 of 2026.

Gains: No specific guidance (general income tax up to 27.5% may apply)

Tax authority: eta.gov.eg ↗

Full tax page, incl. tokenized stocks and funds →

Watch out

Trading and promoting crypto without CBE approval is a criminal offence.
Banks reportedly block card payments and transfers to foreign exchanges.
Whether mere ownership is covered is unclear in the sources; the FRA renewed its warning in May 2025.

Checked 2026-10-29 · Confidence: medium · Sources: [1][2][3]

Not confirmed: Bank blocking of card payments is reported, not officially confirmed. · No tax guidance for individuals found.

Compiled to the best of our knowledge from the sources linked. Information, not tax or legal advice. Rules change — check the linked official sources before acting.

Found an error or something out of date? Tell us at [email protected] — we check and correct it.

Providers

Who offers tokenization and crypto services in Egypt

Crypto-asset service providers (VASPs/CASPs) in Egypt are registered with the Financial Regulatory Authority (FRA), Egypt. Its register „Authorized NBFIs using FinTech (FinTech law 5/2022)“ lists 26 companies (read 2026-10-14). The conditions for registering are set by the authority — its own list is the source.

Hermes Brokerage
EFG Hermes
EFG Holding
Azimut for Investments
HALAN Consumer Finance
B.TECH FINANCE S.A.E.
TELDA
MISR INSURANCE
BOKRA
THNDR
BELTONE
SARWA INSURANCE
MNT TECH HOLDING
U CONSUMER FINANCE
Maseera for Microfinance
+ 11 more in the register below

Crypto-asset service providers (VASPs/CASPs) in Egypt are registered with the Financial Regulatory Authority (FRA), Egypt. Its register „Authorized Startups using FinTech (FinTech law 5/2022)“ lists 10 companies (read 2026-10-14). The conditions for registering are set by the authority — its own list is the source.

Flend SME Financing
Oliv
Adva Consumer Finance
Telda Consumer Finance
DAYRA for Microfinance
I Supply for Financing
Nice Deer
Lucky Consumer Finance
VALU FOR SME FINANCE
Digital Banker for consumer finance - WAIYAK

Where are crypto companies and VASPs registered in Egypt?

With the Financial Regulatory Authority (FRA), Egypt. Its register “Authorized NBFIs using FinTech (FinTech law 5/2022)” lists 26 companies (read 2026-10-14), for example Hermes Brokerage, EFG Hermes, EFG Holding, Azimut for Investments. The requirements for registering are set by the authority; its own list is the source: https://frasandbox.com/authorized-companies/NBFIs

Official registers

What the authorities publish — and what we read

Status: Public register, read. Every address below was loaded, not guessed. A register entry records that an authority licensed, registered or approved something; it says nothing about whether you may or should buy it.

Authority	Register	Finding
Financial Regulatory Authority (FRA) – Regulatory Sandbox (Board decision 163/2024), FinTech law 5/2022; CBE bans crypto	FRA Sandbox – Regulatory Sandbox Registry (+ Authorized NBFIs / Startups using FinTech)	Public register, read

Authorized NBFIs using FinTech (FinTech law 5/2022)

Licensed or registered providers · 26 entries

Financial Regulatory Authority (FRA), Egypt · source · read 2026-10-14

Register no.	Name
01955b58-e4f2-d3ea-0751-4b6cb1244c9b	Hermes Brokerage
01955b5a-9458-124f-313b-8377dde2aa59	EFG Hermes
01955b5b-dfd6-d769-e96e-74814b71cfcb	EFG Holding
01955b5c-cc26-ad11-3a95-9b45514c4325	Azimut for Investments
01960b16-d86e-d175-85a9-7c6225f7b139	HALAN Consumer Finance
01960b18-69ae-aa5a-2037-da0b81336774	B.TECH FINANCE S.A.E.
01960b1d-c03c-85a7-ba46-2ee11d088563	TELDA
01960b95-784d-e601-9a55-4562203b37ae	MISR INSURANCE
01960b8a-7eb6-55c9-51b3-09c9b7d50ac7	BOKRA
01960b85-763f-5f9a-f6db-fe40936d7b36	THNDR
01960ba4-bb94-7563-9e18-eb2b0d4a346d	BELTONE
01960b9d-a3f9-183b-d68c-4ed57d016fe4	SARWA INSURANCE
01960bb0-e25d-057b-76a3-4354a1e92b9e	MNT TECH HOLDING
01960bb4-a35b-b95a-ca2b-0d8c93116ca4	U CONSUMER FINANCE
019eb04f-207b-cc37-7977-bef435ff7899	Maseera for Microfinance
01979d2e-ca47-4456-8bb8-36ce260d4785	Contact CrediTech
019bdbbf-6b77-df19-9528-507dccebac0e	Commercial International Securities Brokerage
019bdbcd-0c97-af12-afd4-44d754dd2963	GRANITE Financial Holding
019df2f3-ce3b-0942-0489-a8c18666da66	Cairo Capital Securities
019df805-0bfa-4455-c680-439ec145c7d6	CFH Holding
019dfd43-b865-dddd-69cb-373404918420	Beltone Securities Holding
019ffb37-d323-05fa-70fb-c2ae2d7bc23d	Al Ahly Pharos Securities Brokerage
01a01e5a-7cb6-af91-5538-f8be8c53d27c	CFH Asset Management
01a09a3d-f941-9673-25c6-c39f92c5ff57	Ashal Micro Finance
01a09a89-230a-368c-6076-409a9e7b17f2	MNZEL
01a09ad3-f0b4-3d83-a90c-232ee8d80d91	Menthum Holding for Financial Investments

Authorized Startups using FinTech (FinTech law 5/2022)

Licensed or registered providers · 10 entries

Financial Regulatory Authority (FRA), Egypt · source · read 2026-10-14

Register no.	Name
01955b61-922e-6cc2-3ba4-f337edb82383	Flend SME Financing
0195660c-46ac-729f-7ca8-32c4e83c4aeb	Oliv
01955b64-21d3-1427-bbbe-6fb3fdf1885a	Adva Consumer Finance
01971b2b-6824-81cd-dea0-3cb1930b1185	Telda Consumer Finance
019855e4-b6ff-33a5-e628-6c7d281d9be8	DAYRA for Microfinance
019855e8-2965-c342-1a58-51347ea503a6	I Supply for Financing
019855e9-b0e0-36af-8d82-dd67d0bc09f3	Nice Deer
019db506-ec55-b1f4-a111-fbe7407c901b	Lucky Consumer Finance
019df77c-7127-5381-881f-246de4c9f59d	VALU FOR SME FINANCE
01a01480-4737-f4e0-fffe-896e70174a30	Digital Banker for consumer finance - WAIYAK

FRA Regulatory Sandbox Registry

Sandbox participants · 9 entries · 1 marked “tokenization”, listed first

Financial Regulatory Authority (FRA), Egypt · source · read 2026-10-14

Register no.	Tokenization	Name	Status
019facf9-9174-46d8-1084-563dfca03c2a	✓	Tarmiiz in collaboration with GRANITE	Initial Approval
019c702e-3e7c-4bcb-d21b-fa2059fcfbad		GIG Egypt	Paused
019c7060-4ae0-30b6-19db-cc8c3428f741		Cassbana	Initial Approval
019cf160-9981-37c6-c5cf-7feb95740867		Lumin Soft in collaboration with Azimut Egypt	Live Testing
019cfbb9-f63a-7751-9d9b-884cdb4bf607		Innovation Group for Insurance Brokerage	Initial Approval
019e882c-8b88-feea-96f7-31302cf61d20		Orient Insurance - Egypt in collaboration with Eg insurtech	Initial Approval
019f5a71-28de-ef84-b861-799e12fd68c3		EG Insurtech in collaboration with Assurex Insurance Brokerage	Initial Approval
019f5aa1-aad0-38ce-0166-e775613b2b23		Allianz Insurance Company – Egypt in collaboration with Olimi AI	Initial Approval
019facd7-15c0-2d14-3a36-ae61bf7b7b0d		V lens in collaboration with EFG Holding	Initial Approval

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