{
 "jurisdiction_id": "SA",
 "jurisdiction": "Saudi Arabia",
 "url": "https://cryptoassets.gi/jurisdictions/saudi-arabia/",
 "generator": "render_jid v13.3.0",
 "date_modified": "2026-08-17",
 "schema_version": "crypto-v2.0.0",
 "counts": {
  "modules": 8,
  "sourced_findings": 14,
  "source_register": 8
 },
 "modules": [
  {
   "code": "crypto_licensing",
   "name": "Crypto Licensing",
   "confidence": null,
   "moved_this_cycle": false,
   "url": "https://cryptoassets.gi/jurisdictions/saudi-arabia/#crypto-licensing-crypto-licensing",
   "standing_position": "Saudi Arabia has no comprehensive virtual-asset-service-provider (VASP) licensing law. A 2018 joint statement by the Standing Committee for Awareness on Dealing in Unauthorized Securities Activities (comprising SAMA, CMA and other watchdogs) declared cryptocurrency trading illegal and confirmed that no party is licensed to conduct such activity; no subsequent repeal has been identified. In parallel, SAMA and the Capital Market Authority (CMA) are jointly piloting regulated tokenization/stablecoin-settlement infrastructure for institutional real-estate transactions (droppRWA), which operates as a narrow, controlled-partnership arrangement rather than a general public licensing regime.",
   "findings": [
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "token_classification",
   "name": "Token Classification",
   "confidence": null,
   "moved_this_cycle": false,
   "url": "https://cryptoassets.gi/jurisdictions/saudi-arabia/#token-classification-token-classification",
   "standing_position": "No statutory taxonomy distinguishing security tokens, e-money/asset-referenced tokens, stablecoins, utility tokens or NFTs has been published. Any security-like token would presumably be assessed under existing CMA securities criteria on a case-by-case basis; NFT marketplace activity (e.g., Nuqtah) and tokenized-deed pilots operate without a dedicated legal category.",
   "findings": [
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "on_chain_activity_regime",
   "name": "On-Chain Activity Regime",
   "confidence": null,
   "moved_this_cycle": false,
   "url": "https://cryptoassets.gi/jurisdictions/saudi-arabia/#on-chain-activity-regime-on-chain-activity-regime",
   "standing_position": "SAMA's Innovation Hub has run controlled experiments involving blockchain-based tokenized commercial bank money and collateral pledging automation, and the CMA-SAMA droppRWA partnership is testing real-estate deed tokenization. No rules address public staking, DeFi lending, DEX operation, validator services, or crypto mining, which fall outside SAMA's approved Regulatory Sandbox use cases and remain unaddressed given the general prohibition on public crypto trading.",
   "findings": [
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "stablecoin_regime",
   "name": "Stablecoin Regime",
   "confidence": null,
   "moved_this_cycle": false,
   "url": "https://cryptoassets.gi/jurisdictions/saudi-arabia/#stablecoin-regime-stablecoin-regime",
   "standing_position": "No published stablecoin issuance-authorisation, reserve-requirement, redemption-right, disclosure, or systemic-designation framework exists. The CMA-Saudi Central Bank partnership is developing regulated stablecoin settlement rails for real estate tokenization (targeted late 2026), but this remains a controlled pilot rather than a generally applicable stablecoin regulation.",
   "findings": [
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "consumer_protection",
   "name": "Consumer Protection",
   "confidence": null,
   "moved_this_cycle": false,
   "url": "https://cryptoassets.gi/jurisdictions/saudi-arabia/#consumer-protection-consumer-protection",
   "standing_position": "Consumer protection in respect of crypto assets is addressed only indirectly, through the 2018 Standing Committee's public warning about the risks of unsupervised virtual-currency trading and the general remit of the committee over unauthorized securities/marketing activity. No dedicated custody-segregation, complaint-handling, or suitability rules for crypto assets have been identified.",
   "findings": [
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "tax_treatment",
   "name": "Tax Treatment",
   "confidence": null,
   "moved_this_cycle": false,
   "url": "https://cryptoassets.gi/jurisdictions/saudi-arabia/#tax-treatment-tax-treatment",
   "standing_position": "No crypto-specific tax guidance from Saudi tax authorities has been identified. Saudi Arabia does not levy personal income tax on individuals generally; Zakat applies to Saudi/GCC-national-owned businesses and corporate income tax applies to foreign-owned entities, with standard VAT on goods and services. Whether these general regimes apply to crypto-asset gains, disposals, or transactions has not been clarified in public guidance.",
   "findings": [
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "cross_border_transfer",
   "name": "Cross-Border Transfer",
   "confidence": null,
   "moved_this_cycle": false,
   "url": "https://cryptoassets.gi/jurisdictions/saudi-arabia/#cross-border-transfer-cross-border-transfer",
   "standing_position": "No crypto-specific cross-border transfer framework exists. Because virtual-currency trading is treated as unauthorized/illegal domestically, cross-border movement of crypto assets by Saudi-based parties is likewise not conducted through any licensed channel; general Saudi targeted-financial-sanctions and foreign-exchange oversight mechanisms would apply to any funds movement, including virtual assets, to the extent identified.",
   "findings": [
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "aml_cft_regime",
   "name": "AML/CFT Regime",
   "confidence": null,
   "moved_this_cycle": false,
   "url": "https://cryptoassets.gi/jurisdictions/saudi-arabia/#aml-cft-regime-aml-cft-regime",
   "standing_position": "Crypto AML/CFT obligations are subscribed from the fleet's shared aml_ctf FIM module and are out of scope for this baseline. Disambiguation context only: Saudi Arabia's general AML/CFT system (SAMA, CMA, SAFIU) was assessed by FATF-MENAFATF as largely/partially compliant across most Recommendations, with no virtual-asset-specific supervisory regime identified separately from the general prohibition on crypto trading.",
   "findings": []
  }
 ]
}