OKX Banner
BTC $64,151.00 (-1.60%)
ETH $1,859.58 (-1.50%)
BNB $564.62 (-0.70%)
XRP $1.09 (-2.10%)
SOL $73.89 (-3.30%)
TRX $0.33 (+0.80%)
HYPE $57.30 (-2.30%)
DOGE $0.07 (-1.10%)
RAIN $0.01 (+0.60%)
LEO $9.63 (-0.90%)
ZEC $487.83 (-3.20%)
XMR $363.05 (+1.70%)
LINK $8.33 (-2.40%)
ADA $0.16 (-3.80%)
XLM $0.18 (-3.50%)
CC $0.12 (-3.60%)
BCH $209.93 (-1.10%)
GRAM $1.46 (-0.60%)
LTC $46.23 (-2.70%)
USDG $1.00 (+0.10%)

Bangladesh vs Sudan

Crypto regulation comparison

← Back to map | Bangladesh | Sudan
Bangladesh

Bangladesh

Sudan

Sudan

Banned
Restricted

Bangladesh effectively bans cryptocurrency. Bangladesh Bank issued warnings in 2017 citing anti-money laundering laws, and the Foreign Exchange Regulation Act 1947 prohibits unapproved digital currency transactions. Violations can result in imprisonment up to 12 years.

Sudan has a restrictive financial environment compounded by political instability and historical international sanctions. The central bank has warned against crypto use.

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 Bangladesh Bank
Regulator Central Bank of Sudan
Stablecoin Rules Not applicable; all crypto transactions are prohibited
Stablecoin Rules No stablecoin regulation
Key Points
  • Bangladesh Bank issued a 2017 notice warning against crypto transactions
  • Foreign Exchange Regulation Act 1947 used to prohibit crypto dealings
  • Money Laundering Prevention Act 2012 applies to crypto-related activities
  • Penalties can include up to 10 years imprisonment and fines up to 3 million BDT
  • Despite the ban, some peer-to-peer trading occurs underground
Key Points
  • Central bank has warned against cryptocurrency use
  • Political instability and conflict limit regulatory development
  • Historical international sanctions restrict financial access
  • No specific cryptocurrency legislation
  • Very limited crypto infrastructure
Sources
Sources
OKX Banner