Roobet Banner
BTC $80,560.00 (+0.28%)
ETH $2,348.53 (+0.90%)
BNB $751.06 (+0.88%)
XRP $1.32 (+1.71%)
SOL $100.96 (-0.49%)
TRX $0.33 (-0.90%)
ZEC $1,309.37 (+5.03%)
HYPE $80.36 (+2.13%)
DOGE $0.08 (+0.76%)
XMR $592.89 (-0.05%)
LINK $11.47 (-0.16%)
LEO $9.00 (-0.11%)
ADA $0.21 (-0.51%)
NEAR $4.60 (+1.53%)
XLM $0.17 (+0.11%)
BCH $290.18 (+3.68%)
RAIN $0.01 (-9.68%)
UNI $7.13 (+0.11%)
LTC $56.56 (-0.31%)
CC $0.10 (-1.10%)

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
Roobet Banner