When you hear crypto illegal in Algeria, Algeria’s government has banned all cryptocurrency transactions since 2018, making buying, selling, or trading digital assets a legal violation. Also known as crypto ban Algeria, this rule applies to everyone—banks, exchanges, and individuals alike. The central bank doesn’t recognize Bitcoin or any other coin as legal money, and using them can lead to fines or even jail time. This isn’t just a warning—it’s enforced. In 2023, Algerian authorities seized over $2 million in crypto from underground traders, and they’ve shut down dozens of peer-to-peer groups operating on Telegram and WhatsApp.
Why does this matter to you? Because when a country bans crypto, it doesn’t stop people from trying. It just pushes them into the shadows. That’s where crypto scams, fake airdrops, phishing sites, and non-existent exchanges that prey on people desperate to get into crypto. Also known as crypto fraud Algeria, these scams often promise huge returns on tokens like HGT, CovidToken, or LongBit—all of which don’t exist. You’ll see posts saying "Get free BULEI tokens in Algeria" or "Join the new CANDY airdrop," but those are traps. Real projects don’t need to hide behind anonymous Telegram channels. They have websites, audits, and public teams. Scams? They vanish the moment you send funds.
Even if you’re not in Algeria, this is a lesson. When governments crack down—like South Korea did with Upbit’s $34 billion fine or Canada shutting down TradeOgre for $40 million in seized crypto—it’s not just about rules. It’s about control. crypto regulations, mandatory KYC, AML checks, and exchange licensing—are now global standards. Also known as crypto compliance, these rules exist because too many people lost money to unregulated platforms. Algeria’s ban is extreme, but the underlying fear is real: untraceable crypto can fund crime, evade sanctions, and bypass financial oversight.
So what’s left for Algerians who want to learn about crypto? Not trading. Not buying. But understanding. The posts below show you exactly how scams work—like fake airdrops pretending to be real, exchanges that don’t exist, or tokens with zero value. You’ll see how Upbit got crushed by regulators, how Canada tracked down Monero, and why even a project backed by a16z like SOVRUN can crash 99.5%. These aren’t just stories. They’re warning signs. If you’re in Algeria, or anywhere else, this is how you protect yourself: know what’s real, know what’s fake, and never send money to someone who won’t show you their face.
After Algeria's 2025 crypto ban, Bitcoin and stablecoins live underground. People risk jail to trade cash for USDT, use VPNs to access exchanges, and trade in secret. The law didn't kill crypto-it made it dangerous.