Vavada Banner
BTC $75,351.00 (-0.36%)
ETH $2,312.94 (-0.86%)
XRP $1.42 (-1.02%)
BNB $626.57 (+0.54%)
SOL $85.24 (-0.52%)
TRX $0.33 (-0.27%)
DOGE $0.09 (-0.11%)
HYPE $41.37 (-4.81%)
LEO $10.16 (+0.04%)
ADA $0.25 (-0.62%)
BCH $440.67 (-0.38%)
LINK $9.23 (-0.08%)
XMR $350.97 (-0.49%)
M $3.50 (+9.28%)
CC $0.15 (+4.23%)
XLM $0.17 (-1.48%)
ZEC $310.22 (-6.39%)
LTC $54.92 (-0.72%)
AVAX $9.24 (-0.23%)
HBAR $0.09 (+0.12%)

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