Vavada Banner
BTC $74,653.00 (+0.44%)
ETH $2,362.09 (+1.95%)
XRP $1.39 (+2.30%)
BNB $623.09 (+1.37%)
SOL $84.92 (+1.12%)
TRX $0.33 (+1.36%)
DOGE $0.10 (+3.01%)
HYPE $44.49 (+2.37%)
LEO $10.14 (+0.11%)
ADA $0.25 (+3.00%)
BCH $440.93 (+1.03%)
LINK $9.28 (+2.98%)
XMR $345.99 (-0.27%)
ZEC $350.61 (+0.91%)
CC $0.15 (+3.87%)
XLM $0.16 (+1.71%)
M $2.84 (-1.25%)
LTC $55.30 (+1.32%)
AVAX $9.48 (+1.35%)
SUI $0.96 (+3.34%)

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