Virtual Assets in Jordan: What You Need to Know About Crypto and Digital Ownership

When we talk about virtual assets, digital representations of value that can be owned, traded, or used in financial systems, including cryptocurrencies, NFTs, and tokenized securities. Also known as digital assets, they’re becoming part of everyday finance—even in places where rules aren’t clear yet. In Jordan, virtual assets aren’t banned, but they’re also not officially recognized. Banks won’t touch them. Regulators haven’t issued licenses for exchanges. Yet, people still buy Bitcoin, trade NFTs, and use stablecoins to send money across borders.

This gap between use and regulation creates a gray zone. You won’t find a Jordanian crypto exchange registered with the Central Bank. But you’ll find locals using Binance, Bybit, or MEXC through VPNs to access global markets. Some use crypto to pay for freelance work, bypassing slow bank transfers. Others hold stablecoins like USDT to protect savings from local currency swings. Meanwhile, the government is watching. In 2024, Jordan’s Central Bank warned citizens about fraud risks and unlicensed platforms. But it hasn’t moved to block access. That’s not because it supports crypto—it’s because enforcement is hard when users connect through global platforms.

What about NFTs or DeFi? They’re mostly ignored by regulators, which means they’re free to operate—but also unprotected. If you lose funds in a smart contract, there’s no legal recourse. If a platform disappears, you’re on your own. Still, Jordan’s tech-savvy youth are experimenting. A few local startups are exploring blockchain for land records and digital IDs, hoping to convince authorities that regulated tokenization could help modernize services. It’s slow, but it’s happening.

You won’t find a Jordanian airdrop campaign like HUSL or DAR Open Network based here. No local exchanges list PJT or JOD-backed tokens. But you will find Jordanians participating in global airdrops, using wallets like MetaMask to claim tokens from projects on Ethereum, Solana, or Cardano. They’re not waiting for permission. They’re learning how to stay safe—using hardware wallets, avoiding phishing scams, and skipping anything that sounds too good to be true.

So what does this mean for you? If you’re in Jordan, you can own virtual assets. You can trade them. You can even earn from them. But you’re doing it without legal backing. There’s no tax guidance, no consumer protection, and no insurance if things go wrong. The risks are high, but the tools are available. The posts below cover exactly that: how people in places like Jordan navigate crypto without clear rules, what scams to avoid, and how to protect yourself when the system doesn’t have your back.