Tokenization & crypto licensing in Senegal
What the authorities publish on tokenized assets and digital-asset providers, and why it could or could not be read.
Buying crypto in Senegal: what to know
Restricted- Banque Centrale des États de l'Afrique de l'Ouest (BCEAO) — Regional central bank of the WAEMU; drafting a regional crypto-asset framework and warns the public about crypto risks
- Autorité des Marchés Financiers de l'UMOA (AMF-UMOA) — Regional financial markets regulator; working with the BCEAO on crypto-asset rules
- Cellule Nationale de Traitement des Informations Financières (CENTIF) — Financial intelligence unit; receives suspicious transaction reports under the AML law
- Direction Générale des Impôts et des Domaines (DGID) — Tax authority
No DGID guidance or tax code provision on crypto for individuals was found. The tax treatment of crypto gains is unconfirmed.
Gains: unconfirmed
- The BCEAO says crypto is not a currency and is not regulated in the WAEMU; only the CFA franc issued by the BCEAO is money there.
- There is no official register of authorised crypto providers, so no platform is supervised for investor protection.
- Regional rules are being drafted by the BCEAO (committee set up in May 2026) with the AMF-UMOA; no publication date has been announced.
- The BCEAO and the finance minister warn of volatility, fraud, money laundering and cyber risks.
Checked 2026-11-05 · Confidence: medium · Sources: [1][2][3][4][5][6][7][8]
Not confirmed: Explicit BCEAO statement that crypto is not legal tender (2018 BCEAO communiqué not found on bceao.int) · Any AMF-UMOA statement on crypto (amf-umoa.org not reached) · Whether a competent authority for PSAV has since been designated in Senegal · Specific CENTIF role or guidance on PSAV (centif.sn not reached; 2025 report reportedly warns on fintech and crypto) · Tax treatment: blogs claim gains taxed like securities gains (progressive income tax) or at 15%; no DGID source found · Reported Sept 2025 Finance Ministry 'crypto investment sessions' (allafrica page blocked)
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Found an error or something out of date?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.
What the authorities publish — and what we read
Status: Register exists, not machine-readable. 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 |
|---|---|---|
| AMF-UMOA / BCEAO (WAEMU) | see WAEMU row | Register exists, not machine-readable about 0 entries |