OKX Banner
BTC $65,450.00 (-0.40%)
ETH $1,895.26 (-1.80%)
BNB $568.95 (-0.20%)
XRP $1.11 (-1.90%)
SOL $76.02 (-2.20%)
TRX $0.33 (+0.50%)
HYPE $58.61 (-0.20%)
DOGE $0.07 (-4.40%)
RAIN $0.01 (-2.90%)
LEO $9.60 (-1.10%)
ZEC $510.02 (-1.50%)
XMR $358.76 (+1.10%)
LINK $8.55 (-1.20%)
XLM $0.18 (-0.70%)
ADA $0.17 (-4.10%)
CC $0.12 (+0.30%)
BCH $212.39 (-2.60%)
GRAM $1.47 (-3.00%)
LTC $47.00 (-0.20%)
USDG $1.00 (+0.00%)

Falkland Islands (Malvinas) vs Myanmar

Crypto regulation comparison

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

Falkland Islands (Malvinas)

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
OKX Banner