Cryptocurrencies are currently banned under Algerian law. The 2018 Financial Law of Algeria has prohibited the use of any cryptocurrencies. It stipulates:
The purchase, sale, use, and possession of so-called virtual currency are prohibited. A virtual currency is one used by Internet users over the Internet. It is characterized by the absence of physical support such as coins, paper money, or payments by check or credit card.
 Law No. 17-11 of 1917 (Dec. 27, 2017) art. 117, Official Gazette No. 76 of 2017 (Dec. 28, 2017), https://www.joradp.dz/FTP/JO-ARABE/2017/A2017076.pdf (in Arabic), archived at https://perma.cc/JE65-VFFF (translation by author). French translation of the Law available at https://www.mfdgi.gov.dz/images/pdf/ lois_de_finances/LF2018F.pdf, archived athttps://perma.cc/XP6A-8Q4A.