BTC $67,364.00 (-1.35%)
ETH $1,939.99 (-1.86%)
XRP $1.38 (-3.84%)
BNB $611.14 (-2.35%)
SOL $83.08 (-2.85%)
TRX $0.29 (+0.39%)
DOGE $0.09 (-4.33%)
BCH $569.47 (+0.97%)
ADA $0.27 (-3.74%)
LEO $8.20 (-1.59%)
HYPE $28.91 (-2.90%)
LINK $8.62 (-3.02%)
CC $0.16 (+0.30%)
XMR $323.21 (-1.60%)
XLM $0.15 (-4.37%)
RAIN $0.01 (+1.50%)
HBAR $0.10 (-2.76%)
LTC $53.14 (-3.84%)
ZEC $243.20 (-6.42%)
AVAX $8.80 (-4.23%)

Bangladesh vs United States

Crypto regulation comparison

← Back to map | Bangladesh | United States
Bangladesh

Bangladesh

United States

United States

Banned
Legal

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.

The United States has the world's most complex crypto regulatory landscape, with overlapping federal and state jurisdictions. The SEC regulates crypto securities and has pursued enforcement actions against exchanges and token issuers. The CFTC oversees crypto derivatives and considers Bitcoin a commodity. FinCEN applies BSA requirements to crypto exchanges as money service businesses. The IRS taxes crypto as property: short-term gains at income tax rates (10-37%), long-term gains at 0-20%. New 1099-DA broker reporting rules take effect from 2025. Multiple states have their own requirements, with New York's BitLicense being the most stringent.

Tax Type Unclear
Tax Type Capital gains
Tax Rate N/A
Tax Rate 0-37%
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator Bangladesh Bank
Regulator SEC, CFTC, FinCEN, OCC, IRS, State regulators
Stablecoin Rules Not applicable; all crypto transactions are prohibited
Stablecoin Rules Stablecoin legislation actively being developed in Congress; existing oversight by SEC, CFTC, state regulators
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
  • SEC regulates crypto as securities under Howey test; major enforcement actions (Ripple, Coinbase, Binance)
  • CFTC classifies Bitcoin and Ether as commodities; oversees derivatives markets
  • IRS treats crypto as property: short-term gains taxed at 10-37%, long-term (1yr+) at 0-20%
  • FinCEN requires exchanges to register as MSBs and comply with BSA/AML requirements
  • 1099-DA broker reporting for centralized exchanges effective from tax year 2025
Sources
Sources