Roobet Banner
BTC $76,616.00 (-5.16%)
ETH $2,223.95 (-4.55%)
BNB $696.29 (-6.40%)
XRP $1.24 (-3.96%)
SOL $93.85 (-6.71%)
TRX $0.33 (+0.08%)
HYPE $89.53 (-5.66%)
ZEC $1,213.51 (-8.14%)
DOGE $0.07 (-5.85%)
XMR $590.79 (-1.53%)
LEO $9.40 (-0.59%)
LINK $11.11 (-4.94%)
ADA $0.19 (-5.89%)
XLM $0.17 (-1.36%)
BCH $285.27 (-1.13%)
NEAR $4.25 (-4.10%)
RAIN $0.01 (-1.27%)
UNI $6.88 (-4.35%)
LTC $54.76 (-5.18%)
CC $0.09 (-5.77%)

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
Roobet Banner