Is crypto legal in Mozambique? Regulation & rules (2026)

Mozambique has enacted no legislation governing cryptocurrencies, digital assets, token offerings, or VASPs. Crypto is neither explicitly banned nor formally licensed, leaving activities in a legal vacuum governed only by general financial and tax law.

The Banco de Moçambique has stated since at least 2018 that it does not regulate or monitor cryptocurrency transactions and that operations on foreign-domiciled platforms are carried out entirely at the user's own risk, with no investor protection.

The FATF removed Mozambique from its increased-monitoring list in October 2025, recognising significant AML/CFT reforms. This improves the country's cross-border financial standing and raises supervisory expectations for fintechs and digital platforms, but does not create crypto-specific rules.

Mozambique's tax code contains no provisions specific to crypto assets or NFTs. CMS Law confirmed that any gain from crypto transactions is theoretically captured by general Corporate Income Tax (IRPC, 32%) or Personal Income Tax (IRPS, progressive to 32%) provisions.

The Banco de Moçambique established a regulatory sandbox in 2018 allowing fintech companies to test innovative solutions in a supervised environment. No crypto-specific initiative within the sandbox has been publicly reported.

The Banco de Moçambique published a working paper in May 2023 on CBDC implications for financial stability, and its governor has publicly flagged the gap between crypto-asset growth and African regulators' capacity to respond, calling for strengthened technical capacity and international cooperation.