Egypt’s Stance on Blockchain Shifts From Caution to Curiosity

Egypt is gradually softening its stance toward blockchain technology, moving beyond past skepticism to adopt a more exploratory approach.

Officials and institutions are showing increased openness toward experiments—especially in areas like central bank digital currency (CBDC) pilots, regulatory sandboxes, and blockchain-based financial inclusion tools.

While the government once viewed cryptocurrencies largely as risks to monetary stability, the change reflects a broader trend: countries in similar positions are recognizing blockchain’s potential for innovation, efficiency, and inclusion. Yet Egypt’s path remains cautious, balancing enthusiasm with regulatory control to avoid instability as it edges closer to embracing distributed ledger applications.

Clever Robot News Desk 27^th September 2025