USDT (Tether) in Jordan: the virtual-assets law and licensing as of October 2026

Is crypto allowed in Jordan?

This guide answers the legal questions people ask most about Tether (USDT) and crypto in Jordan.

Since 2025 Jordan has a law for this area: the “Law Regulating Dealing in Virtual Assets of 2025”, Law No. (14) of 2025 (in Arabic: قانون تنظيم التعامل بالأصول الافتراضية لسنة 2025). It sets rules for anyone who provides virtual-asset services to others in Jordan, and it makes the Jordan Securities Commission (JSC) the body that licenses and supervises them.

In short, the law covers virtual-asset services provided in Jordan “for others” (Article 3); only a JSC-licensed company may carry out or promote them for others inside Jordan, and individuals may not (Article 5). We report what the articles and official statements say, with the date and source of each fact:

Is any company licensed yet?

Here is the position, with its date and source:

As of 23 October 2026, no company holds a virtual-asset service provider (VASP) licence from the Jordan Securities Commission. On 22 September 2026 the JSC stated that no VASP is licensed by it and that applications are still under review.

Source: the JSC’s post on its official LinkedIn page, 22 September 2026. The post was still public when we checked on 24 October 2026.

Two days later, on 24 September 2026, the JSC posted again: “Before you trade… check”. In it the JSC said investors should make sure a virtual-asset service provider is licensed before dealing with it, and rely on the JSC’s official channels for this. That post did not announce any licence.

On 24 October 2026 we went through every news item on the JSC website from June 2026 to the latest one (19 October 2026), including the Board decisions of September 2026, and the JSC’s public LinkedIn page. We found no newer announcement of a VASP licence.

The limits of that check: LinkedIn’s public view shows only recent posts, and the JSC could announce elsewhere. We review this page monthly; the next review is due on 23 November 2026. The “last updated” date at the top shows when we last reviewed it.

Where does implementation stand?

The law is in force: it took effect on 14 September 2025 according to Al Tamimi & Company, and the JSC calls it “in force”. Licensing Regulation No. (94) of 2025 entered into force in January 2026, the JSC announced.

But the “Executive Instructions for Virtual Assets Activities for 2026” are still a draft. The JSC posted them for public comment on 15 January 2026, and no final version appears on its website as of 24 October 2026. The applications filed are still under review, according to the JSC’s statement of 22 September 2026.

So the licensing stage is not finished, and as of 23 October 2026 no provider holds a licence. That means a licence cannot tell one provider from another today. The full timeline is in “Where does licensing stand?” below.

What is Law No. 14 of 2025, and when did it start?

The official name is the “Law Regulating Dealing in Virtual Assets of 2025”, Law No. (14) of 2025. The JSC publishes the text on the laws page of its website, as a scan of the Official Gazette pages.

Article 1 says the law takes effect 90 days after it is published in the Official Gazette. According to an analysis by the law firm Al Tamimi & Company, it was published on 16 June 2025 and took effect on 14 September 2025. Those two dates fit the 90-day rule, but we did not open the Gazette issue itself, so we attribute them to their source. In a news item of 23 October 2025, the JSC called the law “in force”.

What counts as a “virtual asset”?

Article 2 defines a virtual asset as a digital representation of value that can be traded or transferred digitally and used for payment or investment. It does not include digital forms of fiat money, securities, or other financial assets regulated by another law.

To learn what Tether is and how it works, read What is Tether (USDT)?.

Who does the law cover?

Under Article 3, the law covers virtual-asset services provided in Jordan for or on behalf of others. It does not cover digital securities regulated by JSC rules, or digital currency issued by the Central Bank of Jordan (CBJ) and e-money, unless the CBJ decides otherwise.

Which activities need a JSC licence?

Article 4 lists the virtual-asset activities the law regulates, and Article 5 bans carrying them out for others inside Jordan without a JSC licence:

When is an activity “inside Jordan”? Under Article 5, when the provider is set up in Jordan, has an office there, runs its operations from there, or offers its products or services to clients in Jordan.

Who issues licences, and what about banks?

Article 6 gives the JSC the job of licensing virtual-asset service providers, supervising and inspecting them, and checking their anti-money-laundering compliance. The law gives VASP licensing only to the JSC.

Banks have their own rule in Article 11. Companies supervised by the CBJ, such as banks, are treated as licensed for two activities only: exchanging virtual assets for currency, and custody. They need the CBJ’s prior approval first, and the CBJ supervises them when they do this. As of 24 October 2026 we found no published CBJ instructions under this article.

What is the penalty for trading crypto in Jordan?

The penalty in the law is for breaking Article 5. That article bans:

Article 15 says anyone who breaks Article 5 faces prison of at least one year and a fine of 50,000 to 100,000 Jordanian dinars. The authorities must also close the place used and seize the tools used. The penalty is tied to Article 5: carrying out or promoting these activities for others without a licence.

Is USDT legal tender, and can you pay with it in Jordan?

What did the Central Bank say in 2014?

In February 2014 the CBJ warned the public that virtual currencies such as bitcoin are not legal tender. It told banks, exchange companies, financial companies and payment companies not to deal in them.

This comes from a Jordan Times report of 22 February 2014; we could not find the CBJ circular itself online. It is history: the warning came more than ten years before the 2025 law.

What does today’s law say about payments?

Article 10 says the CBJ may allow virtual assets to be issued or used for payments in Jordan under its own instructions. Until it does, virtual-asset service providers may not use virtual assets, or help others use them, to pay for goods, services or debts in Jordan. As of 24 October 2026 we found no published CBJ instruction allowing this.

The CBJ is also the body that publishes official foreign-exchange rates. The USDT price on our USDT price page is a market price, not an official rate.

What does the law require of providers toward their clients?

Article 12 says a provider must keep its own money and virtual assets separate from its clients’ money and virtual assets. Client assets cannot be paid to the provider’s creditors if it is liquidated or cannot pay its debts.

Article 8 makes providers “reporting entities” under Jordan’s anti-money-laundering law. They must get the data on the parties and intermediaries of each transfer, and virtual-asset transfers are treated as cross-border operations for this purpose.

Internationally, the Financial Action Task Force (FATF) requires countries to license or register virtual-asset service providers and supervise them. Its “Travel Rule” requires providers to collect and send sender and receiver details with each transfer. If you plan to send USDT out of Jordan, also read how to send USDT abroad.

Where does licensing stand?

Regulation No. (94) of 2025

The licensing regulation went through these steps, according to JSC news:

1. 5 August 2025: the JSC posted a draft for public comment.
2. 30 November 2025: the Cabinet approved the “Virtual Asset Service Providers Licensing Regulation of 2025”.
3. Tuesday 16 December 2025: the Official Gazette published it as Regulation No. (94) of 2025.
4. 15 January 2026: the JSC said it had entered into force.

We do not print the regulation’s capital, fee or time-limit figures here. We have seen them only in the JSC’s English translation and have not checked them against the binding Arabic text.

The 2026 Executive Instructions are still a draft

On 15 January 2026 the JSC published a draft of the “Executive Instructions for Virtual Assets Activities for 2026” (127 articles) for public comment on the government’s Tawasal platform. It said the draft was prepared with the CBJ, the AML/CTF Unit, the National Cyber Security Center and the Ministry of Digital Economy. As of 24 October 2026 no final version appears on the JSC’s “new legislation”, “instructions” or “laws” pages, so we call it a draft, not rules in force.

The preliminary-approval form

Since January 2026 the JSC has offered an online form to request preliminary approval to carry out virtual-asset activities. It announced the form on 25 January 2026 and links to it from its website menu.

“Applied for a licence” vs “holds a licence”

Applying is a step a company takes; a licence is a decision the JSC makes. The JSC’s statement of 22 September 2026 keeps the two apart: no provider is licensed, and the applications are under review. So “applied” or “completed the requirements” does not mean “licensed”. The JSC itself is the reference for who holds a licence.

What can you look at today before dealing with a company, and where do you report scams?

As of 23 October 2026, no company holds a VASP licence from the JSC, and the JSC website has no page listing licensed providers yet. So today a licence cannot separate one company from another. Here is what you can look at now:

What the JSC has said, and where to ask and report

On 4 January 2026 the JSC warned about unlicensed companies that lure people with “fantasy profits” in foreign markets or virtual assets through social media and misleading ads. In that warning it asked people to check a company’s licence on its website or call centre before dealing with it, and to report fake or suspicious offers. On 24 September 2026 the JSC repeated the same call in its “Before you trade… check” post mentioned above.

In a warning published on the JSC website on 1 January 2026, the Public Security Directorate’s Cybercrime Unit said fake trading platforms, promoted with social-media ads and often run from outside Jordan, take people’s money, and that getting it back is almost impossible.

As of 24 October 2026 the JSC’s company directory has only two categories: public shareholding companies and financial services companies. According to the JSC’s English translation of Regulation 94, the JSC will publish on its website the names of licensed providers and their registered staff, and any licence cancellation.

Note too that the JSC’s licensing page still shows an older warning against dealing in digital currencies as a means of payment or investment. It points to earlier decisions, and the JSC’s decisions page lists two 2021 decisions that pre-date Law No. 14 of 2025.

For common scam signs and how to protect yourself before any trade, see the USDT safety checklist.

What are the key dates?

What is Vexjo’s status?

Disclosure: this site is owned by Vexjo Virtual Assets LLC. About us

Vexjo applied under Jordan’s virtual-asset law (application no. VASP-20260328-25) and in June 2026 became the first company to complete all of the Jordan Securities Commission’s licensing requirements.