OKX Banner
BTC $64,417.00 (-0.65%)
ETH $1,876.80 (-1.69%)
BNB $577.02 (-0.07%)
XRP $1.11 (-0.01%)
SOL $76.24 (-1.28%)
TRX $0.32 (-0.51%)
HYPE $64.54 (-4.11%)
DOGE $0.07 (-0.01%)
ZEC $554.80 (-2.60%)
RAIN $0.01 (-3.76%)
LEO $9.83 (+0.16%)
XLM $0.19 (+2.81%)
XMR $336.19 (+1.62%)
LINK $8.44 (+0.01%)
ADA $0.16 (+0.10%)
CC $0.13 (-3.10%)
BCH $222.00 (-3.88%)
GRAM $1.55 (-2.12%)
LTC $45.18 (+0.53%)
USDG $1.00 (+0.05%)

Burundi vs Ethiopia

Crypto regulation comparison

← Back to map | Burundi | Ethiopia
Burundi

Burundi

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