BTC $67,343.00 (-1.55%)
ETH $1,939.68 (-2.49%)
XRP $1.39 (-3.77%)
BNB $610.71 (-2.71%)
SOL $82.99 (-3.73%)
TRX $0.29 (+1.09%)
DOGE $0.09 (-4.53%)
BCH $571.21 (+1.23%)
ADA $0.27 (-3.80%)
LEO $8.17 (-1.96%)
HYPE $28.94 (-3.30%)
LINK $8.63 (-3.61%)
CC $0.16 (-0.51%)
XMR $322.40 (-1.99%)
XLM $0.15 (-4.82%)
RAIN $0.01 (+1.19%)
HBAR $0.10 (-3.25%)
LTC $53.24 (-3.80%)
ZEC $242.79 (-6.61%)
AVAX $8.81 (-4.92%)

Burundi vs Myanmar

Crypto regulation comparison

← Back to map | Burundi | Myanmar
Burundi

Burundi

Myanmar

Myanmar

No Data
Banned

-

Myanmar's Central Bank issued Notification No. 9/2020 prohibiting the sale, purchase, and exchange of unregulated digital currencies. Violations are prosecuted under the Anti-Money Laundering Law and Financial Institutions Law with penalties including imprisonment and fines. Despite the ban, underground stablecoin usage persists, particularly USDT.

Tax Type Unclear
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges No No
Mining No No
Mining No No
Regulator -
Regulator Central Bank of Myanmar
Stablecoin Rules -
Stablecoin Rules No stablecoin regulation
Key Points

-

Key Points
  • CBM Notification No. 9/2020 prohibits sale, purchase, and exchange of digital currencies
  • Violations prosecuted under Anti-Money Laundering Law and Financial Institutions Law
  • Financial institutions banned from dealing in digital currencies
  • CBM is exploring a central bank digital currency (digital kyat)
  • Underground stablecoin (USDT) usage persists despite ban
Sources

-

Sources