Vavada Banner
BTC $78,274.00 (+3.27%)
ETH $2,384.14 (+2.92%)
XRP $1.43 (+0.53%)
BNB $638.49 (+1.29%)
SOL $86.97 (+1.59%)
TRX $0.33 (-1.02%)
DOGE $0.10 (+1.43%)
HYPE $41.06 (+3.73%)
LEO $10.27 (-0.81%)
BCH $461.30 (+3.27%)
ADA $0.25 (+0.38%)
XMR $371.52 (-3.64%)
LINK $9.34 (-0.27%)
XLM $0.18 (-0.71%)
CC $0.15 (+0.66%)
M $4.41 (+2.26%)
ZEC $317.74 (+0.43%)
LTC $55.77 (+0.88%)
AVAX $9.39 (+0.59%)
HBAR $0.09 (+0.86%)

Burundi vs Iraq

Crypto regulation comparison

← Back to map | Burundi | Iraq
Burundi

Burundi

Iraq

Iraq

No Data
Banned

-

Iraq has banned cryptocurrency dealings. The Central Bank of Iraq issued a directive in 2017 prohibiting banks, financial institutions, and exchange companies from dealing in cryptocurrency. Despite the ban, some underground and peer-to-peer crypto trading reportedly persists.

Tax Type Unclear
Tax Type Unclear
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges No No
Mining No No
Mining No No
Regulator -
Regulator CBI (Central Bank of Iraq)
Stablecoin Rules -
Stablecoin Rules Not applicable; crypto activities prohibited
Key Points

-

Key Points
  • CBI banned all crypto dealings by financial institutions in 2017
  • Exchange companies are prohibited from handling cryptocurrency
  • No regulatory framework for crypto businesses
  • Underground and P2P crypto trading reportedly exists despite the ban
  • The ban is motivated by AML concerns and financial stability considerations
Sources

-

Sources
OKX Banner