Recently, the Algerian government officially banned the trading and use of cryptocurrencies.
This move came shortly after the EU placed Algeria on its "grey list" for countries with insufficient controls on money laundering and terrorist financing.
⚠️ Reports have already confirmed that several crypto traders in Algeria have been arrested and placed under temporary detention as part of growing enforcement efforts.
💬 The big question now is:
Will Algerian authorities request KYC data from global platforms like Binance or OKX to track local users?
🔍 Analysis:
Theoretically: Yes, it’s possible — especially if linked to money laundering investigations or international pressure.
Practically: It's unlikely to succeed. Most platforms won’t comply without formal international legal cooperation, and Algeria is not part of those frameworks.
📌 On the ground, many Algerian traders:
Use VPNs or foreign identities to register.
Prefer platforms with loose or no KYC requirements.
Rely on decentralized exchanges (DEX) or P2P services.
📍 Popular Crypto Platforms Without Mandatory KYC (up to certain limits):
✅ MEXC
✅ CoinEx
✅ Bitget
✅ XT.com
✅ TradeOgre
✅ PancakeSwap / Uniswap (DEX)
⚠️ Use at your own risk. KYC policies may change at any time.
🔐 Decentralization and caution are your best defense. Do not reveal your personal data unless necessary, and stay informed about legal changes in your country.
Will this crackdown impact the future of crypto in Algeria? Share your thoughts 👇
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