BTC $68,063.00 (+0.36%)
ETH $1,976.93 (+0.79%)
XRP $1.42 (-0.69%)
BNB $623.22 (-0.59%)
SOL $85.40 (+1.41%)
TRX $0.29 (+1.23%)
DOGE $0.10 (-2.74%)
BCH $581.87 (+3.09%)
ADA $0.28 (-1.82%)
LEO $8.15 (-5.70%)
HYPE $29.57 (-1.94%)
LINK $8.85 (-0.20%)
CC $0.16 (-0.52%)
XMR $319.95 (-2.89%)
XLM $0.16 (-3.87%)
RAIN $0.01 (+0.07%)
HBAR $0.10 (-0.44%)
ZEC $254.94 (-2.64%)
LTC $54.71 (-0.62%)
AVAX $9.02 (-1.44%)

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