OKX Banner
BTC $77,055.00 (+0.50%)
ETH $2,095.13 (-1.11%)
BNB $656.90 (+0.17%)
XRP $1.35 (-0.85%)
SOL $85.09 (-0.98%)
TRX $0.36 (+0.29%)
DOGE $0.10 (-1.06%)
HYPE $61.55 (+2.93%)
ZEC $655.08 (+3.25%)
LEO $10.06 (+0.04%)
ADA $0.24 (-1.86%)
XMR $394.01 (+3.04%)
BCH $344.83 (-2.88%)
LINK $9.40 (-1.52%)
CC $0.17 (+0.60%)
XLM $0.15 (-0.74%)
TON $1.78 (-1.17%)
SUI $1.02 (-3.60%)
LTC $52.54 (-1.50%)
AVAX $9.17 (-1.78%)

Angola vs Ethiopia

Crypto regulation comparison

← Back to map | Angola | Ethiopia
Angola

Angola

Ethiopia

Ethiopia

No Data
Restricted

-

Ethiopia's Proclamation No. 1359/2024 explicitly prohibits cryptocurrency for payment transactions but allows the NBE to issue future guidelines on digital assets. Crypto mining is legal and actively growing, with Ethiopia emerging as a major Bitcoin mining destination leveraging hydroelectric power. A comprehensive regulatory framework is under development.

Tax Type Unclear
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges No No
Mining No No
Mining Yes Yes
Regulator -
Regulator National Bank of Ethiopia
Stablecoin Rules -
Stablecoin Rules No stablecoin regulation
Key Points

-

Key Points
  • Proclamation No. 1359/2024 prohibits cryptocurrency for payment transactions
  • NBE authorized to issue future directives on crypto assets and CBDCs
  • Crypto mining is legal and rapidly expanding, leveraging hydroelectric power
  • Ethiopia has become one of the fastest-growing Bitcoin mining destinations globally
  • Comprehensive digital asset regulatory framework under development
Sources

-

Sources
OKX Banner