Cryptocurrency law in Jordan is set to arrive by year-end, bringing renewed optimism for investors. The new framework aims to create a safer, more transparent digital asset market.
Jordan is moving closer to introducing its first cryptocurrency law, with officials confirming that the new framework will be completed before the end of the year. The initiative is part of a broader push to attract investment, strengthen digital governance, and support the country’s evolving financial sector.
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The Jordan Securities Commission (JSC) is currently finalizing the regulations after the cabinet approved plans in October to lift the longstanding ban on cryptocurrency trading.
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JSC chairman Emad Abu Haltam said the upcoming cryptocurrency law aims to create a secure and transparent digital environment, ensuring trust and accountability across the market.
“These regulations will include a clear framework for licensing brokerage and trading, custody services, platform operations, and financial services for issuing and offering virtual assets,” he said. “They will be anchored on standards of technical readiness, strong governance, adequate working capital, and full compliance with anti-money laundering and counter-terrorism financing requirements.”
Jordan previously restricted cryptocurrency activity due to the high risks associated with digital assets, including potential misuse for money laundering.
In January, the cabinet mandated the JSC to develop a comprehensive legal and regulatory framework with defined governance structures for virtual and digital assets. Once completed later this year, the new cryptocurrency law will officially come into force, marking a significant shift in Jordan’s approach to digital finance.
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