OKX Banner
BTC $77,765.00 (+0.26%)
ETH $2,407.60 (-0.55%)
BNB $696.66 (+1.32%)
XRP $1.37 (+1.39%)
SOL $100.88 (+0.88%)
TRX $0.33 (+1.12%)
HYPE $82.09 (-1.34%)
ZEC $832.42 (-0.62%)
DOGE $0.08 (+1.46%)
RAIN $0.02 (-2.03%)
XMR $515.28 (-0.81%)
LEO $9.25 (-0.60%)
LINK $11.22 (-0.32%)
ADA $0.21 (+3.68%)
XLM $0.18 (+0.74%)
BCH $248.78 (+0.56%)
CC $0.11 (-3.67%)
LTC $50.29 (+1.48%)
GRAM $1.34 (+1.27%)
UNI $5.73 (-8.29%)

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