OKX Banner
BTC $64,088.00 (-1.50%)
ETH $1,861.60 (-1.90%)
BNB $561.77 (-1.20%)
XRP $1.09 (-2.30%)
SOL $74.03 (-3.20%)
TRX $0.33 (+1.20%)
HYPE $58.97 (-1.30%)
DOGE $0.07 (-1.40%)
RAIN $0.01 (+0.70%)
LEO $9.65 (-0.80%)
ZEC $492.16 (-4.30%)
XMR $360.38 (+2.20%)
LINK $8.35 (-1.90%)
ADA $0.16 (-4.20%)
XLM $0.18 (-2.70%)
CC $0.12 (-1.50%)
BCH $209.51 (-2.70%)
GRAM $1.46 (-1.40%)
LTC $46.31 (-0.30%)
USDG $1.00 (-0.10%)

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
OKX Banner