BTC $68,144.00 (+1.49%)
ETH $1,974.18 (+1.49%)
XRP $1.44 (+2.85%)
BNB $630.25 (+3.66%)
SOL $85.30 (+2.41%)
TRX $0.29 (+0.43%)
DOGE $0.10 (+2.16%)
BCH $569.37 (+3.56%)
ADA $0.28 (+2.41%)
LEO $8.64 (-0.73%)
HYPE $29.92 (+2.16%)
LINK $8.92 (+3.75%)
CC $0.16 (+1.71%)
XMR $328.97 (-0.42%)
XLM $0.16 (+1.58%)
RAIN $0.01 (-0.66%)
HBAR $0.10 (+1.83%)
ZEC $259.61 (+1.49%)
LTC $55.15 (+3.20%)
AVAX $9.28 (+2.13%)

Greenland vs Iraq

Crypto regulation comparison

← Back to map | Greenland | Iraq
Greenland

Greenland

Iraq

Iraq

No Data
Banned

-

Iraq has banned cryptocurrency dealings. The Central Bank of Iraq issued a directive in 2017 prohibiting banks, financial institutions, and exchange companies from dealing in cryptocurrency. Despite the ban, some underground and peer-to-peer crypto trading reportedly persists.

Tax Type Unclear
Tax Type Unclear
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges No No
Mining No No
Mining No No
Regulator -
Regulator CBI (Central Bank of Iraq)
Stablecoin Rules -
Stablecoin Rules Not applicable; crypto activities prohibited
Key Points

-

Key Points
  • CBI banned all crypto dealings by financial institutions in 2017
  • Exchange companies are prohibited from handling cryptocurrency
  • No regulatory framework for crypto businesses
  • Underground and P2P crypto trading reportedly exists despite the ban
  • The ban is motivated by AML concerns and financial stability considerations
Sources

-

Sources