OKX Banner
BTC $64,410.00 (-0.20%)
ETH $1,866.38 (-0.43%)
BNB $567.31 (-0.33%)
XRP $1.09 (-0.27%)
SOL $76.19 (-0.15%)
TRX $0.33 (-0.52%)
HYPE $60.92 (-0.18%)
DOGE $0.07 (-0.31%)
RAIN $0.01 (-2.17%)
LEO $9.68 (-1.30%)
ZEC $530.32 (-4.73%)
XLM $0.19 (-2.21%)
XMR $333.64 (-0.06%)
LINK $8.36 (+0.05%)
ADA $0.16 (-1.81%)
CC $0.12 (-1.88%)
BCH $215.40 (-0.49%)
GRAM $1.41 (-1.59%)
LTC $46.83 (-1.08%)
USDG $1.00 (-0.09%)

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