In Egypt, dealing with digital currencies remains prohibited under Law No. 194 of 2020 regarding the Central Bank and the banking system. Article 206 prohibits the issuance, trading, or promotion of cryptocurrencies without prior approval from the Central Bank.

Any proposed law for digital assets aims to regulate this emerging field, establish the legal framework for transactions, and protect investors' rights. This may include licensing platforms, enforcing transparency rules, and combating money laundering and the financing of terrorism.

Such a law would keep pace with global developments in financial technology, attract investments, and promote innovation while maintaining financial stability and protecting users. However, achieving a balance between these objectives requires careful consideration of all aspects.