Jordan

From a central bank ban to a licensing law: Jordan's 2025 virtual assets law puts crypto under the JSC, but no licences are out yet.

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Licences

What it takes to operate in Jordan: 2 licences, who issues each, what it covers and who holds one.

Virtual asset service provider (VASP) licence

JSC · Law No. 14 of 2025 Regulating Dealing in Virtual Assets; Regulation No. 94 of 2025

Operating and managing a virtual asset platform, custody, brokerage in virtual asset trading, and services linked to virtual asset offerings, for or on behalf of others in Jordan.

What it takes

Preliminary JSC approval before company registration, then a final licence application
Public or private shareholding company, limited liability company or branch of a licensed foreign company, whose sole purpose is virtual asset activities
Paid-up capital per activity of JOD 3m (platform), 2m (custody), 1m (brokerage) or 0.5m (offerings), cumulative for several activities, plus licence fees of JOD 30,000 to 100,000
Governance, risk management, cybersecurity and complaint-handling arrangements under JSC instructions
AML/CFT duties as a reporting entity, including due diligence, record-keeping and suspicious transaction reports

No public count

CBJ prior approval for banks' virtual asset activities

CBJ · Law No. 14 of 2025, Article 11

Lets banks and other CBJ-regulated financial institutions exchange virtual assets for fiat currency or offer custody, only after prior CBJ approval.

What it takes

Institution must already be licensed and supervised by the CBJ
Prior written CBJ approval for each permitted activity
Activities limited to fiat exchange and custody of virtual assets

No public count

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