Crypto & Digital Assets - Guinea

Guinea has not enacted any statute or regulatory instrument specifically governing cryptocurrency, digital assets, token offerings, or virtual asset service providers. The legal grey area means crypto is neither formally authorized nor prohibited.

Guinea does not appear on any authoritative list of countries that have prohibited cryptocurrency. The BCRG has issued no known circular or directive banning crypto ownership, trading, or exchange services.

As a GIABA member, Guinea is expected to comply with FATF Recommendation 15, requiring licensing or registration of VASPs and AML/CFT supervision. The 2025 FATF targeted update found that 16 of 17 GIABA member states are still partially compliant or non-compliant, indicating Guinea's implementation remains incomplete.

The BCRG launched the Switch Monétique et Digital in January 2025, creating Guinéenne de Monétique (GuiM) to modernise interoperability of electronic payments and mobile money — this initiative concerns e-money and mobile payments, not crypto assets.

Regional legal analysis suggests Guinea is among West African jurisdictions beginning to classify VASPs as reporting entities under existing AML/CFT obligations, in the absence of dedicated virtual-asset statutes, but primary official confirmation from the BCRG or government is not yet publicly available.

Guinea's public finance law does not contain provisions addressing cryptocurrency. No official guidance from Guinea's tax authority on capital gains, staking, mining, or reporting obligations for digital assets has been identified.