OKX Banner
BTC $77,869.00 (+1.69%)
ETH $2,405.95 (+1.24%)
BNB $712.93 (+4.34%)
XRP $1.37 (+3.73%)
SOL $100.80 (+3.07%)
TRX $0.33 (+1.60%)
HYPE $82.02 (+1.52%)
ZEC $842.38 (+5.81%)
DOGE $0.08 (+2.57%)
RAIN $0.02 (-2.36%)
XMR $511.88 (+0.70%)
LEO $9.37 (+1.27%)
LINK $11.27 (+2.45%)
ADA $0.21 (+6.24%)
XLM $0.18 (+3.18%)
BCH $250.14 (+2.46%)
CC $0.11 (-1.79%)
LTC $50.78 (+4.23%)
UNI $6.21 (+8.34%)
GRAM $1.34 (+0.97%)

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