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Somalia

SO / SOM · Africa · Sub-Saharan Africa

Undecided

Country Information

ISO Code
SO (SOM)
Region
Africa
Sub-Region
Sub-Saharan Africa
Status
Active
Crypto Regulatory Status
Undecided
Summary
Cryptocurrency has no legal status. There is no cryptocurrency regulation in place. Somalia does have one of the most active mobile money markets in the world.

Regulatory Status Summary

Gray-Zone: 1
Unclear: 1

Status History by Topic

Click any cell to view the analysis

Topic Jul 2025 Aug 2025 Sep 2025 Oct 2025 Nov 2025 Dec 2025
Retail_Trading_Status
Legend:
Allowed-Regulated
Allowed-Unregulated
Gray-Zone
Banned
Unclear
No data
Latest

Latest Analyses

Regulation analyses for Somalia

Topic Status Confidence Updated Actions
Retail_Trading_Status Gray-Zone High Confidence 1d ago View
Retail_Trading_Status Unclear Unknown 24w ago View

All Analysis Versions

3 total versions (including archived)

Topic Status Version Date Actions
Retail_Trading_Status Gray-Zone Latest 2025-12-12 05:15 View
Retail_Trading_Status Unclear Latest 2025-06-26 13:17 View
Retail_Trading_Status Unclear Archived 2025-04-12 06:50 View