OKX Banner
BTC $64,455.00 (+0.50%)
ETH $1,879.22 (+0.80%)
BNB $569.65 (+0.80%)
XRP $1.10 (+0.40%)
SOL $74.83 (+0.80%)
TRX $0.33 (+0.10%)
HYPE $58.44 (+1.50%)
DOGE $0.07 (+3.20%)
RAIN $0.01 (-1.60%)
LEO $9.79 (+0.70%)
ZEC $486.66 (-0.50%)
XMR $368.19 (+0.80%)
LINK $8.41 (+0.60%)
ADA $0.17 (+0.50%)
XLM $0.18 (-0.50%)
CC $0.12 (+5.10%)
BCH $209.54 (-0.80%)
GRAM $1.51 (+2.70%)
LTC $46.65 (+0.70%)
USDG $1.00 (+0.00%)

Angola vs Myanmar

Crypto regulation comparison

← Back to map | Angola | Myanmar
Angola

Angola

Myanmar

Myanmar

No Data
Banned

-

Myanmar's Central Bank issued Notification No. 9/2020 prohibiting the sale, purchase, and exchange of unregulated digital currencies. Violations are prosecuted under the Anti-Money Laundering Law and Financial Institutions Law with penalties including imprisonment and fines. Despite the ban, underground stablecoin usage persists, particularly USDT.

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

-

Key Points
  • CBM Notification No. 9/2020 prohibits sale, purchase, and exchange of digital currencies
  • Violations prosecuted under Anti-Money Laundering Law and Financial Institutions Law
  • Financial institutions banned from dealing in digital currencies
  • CBM is exploring a central bank digital currency (digital kyat)
  • Underground stablecoin (USDT) usage persists despite ban
Sources

-

Sources
OKX Banner