BTC $63,814.00 (-2.82%)
ETH $1,843.02 (-3.15%)
XRP $1.35 (-1.75%)
BNB $584.89 (-3.60%)
SOL $77.17 (-3.02%)
TRX $0.28 (-0.82%)
DOGE $0.09 (-3.66%)
ADA $0.26 (-3.03%)
BCH $475.37 (-11.37%)
LEO $7.96 (-1.73%)
HYPE $26.72 (+0.72%)
CC $0.16 (+0.99%)
XMR $326.06 (+3.45%)
LINK $8.20 (-2.80%)
XLM $0.15 (-2.07%)
RAIN $0.01 (-1.36%)
HBAR $0.10 (-0.69%)
LTC $51.31 (-2.00%)
ZEC $237.70 (-2.79%)
AVAX $8.31 (-3.32%)

Ethiopia vs Falkland Islands (Malvinas)

Crypto regulation comparison

← Back to map | Ethiopia | Falkland Islands (Malvinas)
Ethiopia

Ethiopia

Falkland Islands (Malvinas)

Falkland Islands (Malvinas)

Restricted
No Data

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

-

Sources
Sources

-