BTC $64,152.00 (-1.05%)
ETH $1,857.01 (-0.30%)
XRP $1.35 (-0.71%)
BNB $584.13 (-2.30%)
SOL $79.13 (+1.01%)
TRX $0.28 (+0.68%)
DOGE $0.09 (-1.80%)
BCH $484.08 (-3.54%)
ADA $0.26 (-1.96%)
LEO $8.51 (+5.50%)
HYPE $27.26 (+3.58%)
CC $0.16 (-1.17%)
XMR $323.70 (+5.01%)
LINK $8.21 (-1.42%)
XLM $0.15 (-1.25%)
RAIN $0.01 (+0.26%)
HBAR $0.10 (-0.30%)
ZEC $243.38 (+1.56%)
LTC $51.19 (-0.79%)
AVAX $8.29 (-1.59%)

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