Is crypto legal in Saudi Arabia?

Banking ban / restricted

Cryptocurrency is legal to hold but banks are barred from handling it.

Saudi Arabia is one of 17 countries classified “Banking ban / restricted” for cryptocurrency — 17% of the 99 with data. (Also searched as crypto, Bitcoin.)

Source

Taken from
Wikipedia: Legality of cryptocurrency by country or territory
Last checked
17 September 2026
How it was classified
Read directly from the source’s own table, without interpretation.

Nearby countries

Qatar
Banking ban / restricted Cryptocurrency is legal to hold but banks are barred from handling it.
Jordan
Banking ban / restricted Cryptocurrency is legal to hold but banks are barred from handling it.
United Arab Emirates
Legal Cryptocurrency is legal and regulated by various authorities including the Capital Market Authority, DFSA, and FSRA.
Israel
Legal Cryptocurrency is not regulated as currency, but holding and trading it is lawful.
Egypt
Banned Cryptocurrency is prohibited.
Lebanon
Legal Cryptocurrency is legal to own and trade.

Other laws in Saudi Arabia

Gambling Age
Gambling prohibited

Every law in Saudi Arabia → · Where is cryptocurrency legal? →

A visual reference compiled from Wikipedia’s law-by-country articles, not legal advice. Laws change and summaries simplify — check a primary source before relying on anything here.