Vavada Banner
BTC $67,544.00 (-2.28%)
ETH $2,020.14 (-2.44%)
XRP $1.40 (-4.81%)
BNB $621.99 (-1.36%)
SOL $86.01 (-3.14%)
TRX $0.29 (-0.13%)
DOGE $0.10 (-6.44%)
ADA $0.29 (-3.17%)
BCH $481.67 (-6.95%)
LEO $8.78 (-0.02%)
HYPE $28.44 (-1.09%)
CC $0.17 (+4.61%)
LINK $9.05 (-3.76%)
XMR $340.51 (-1.63%)
XLM $0.16 (-2.63%)
RAIN $0.01 (-4.08%)
HBAR $0.10 (-2.55%)
LTC $55.55 (-4.54%)
AVAX $9.28 (-4.60%)
ZEC $239.58 (-6.47%)

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