BTC $68,185.00 (+4.05%)
ETH $2,066.16 (+8.06%)
XRP $1.44 (+4.57%)
BNB $628.96 (+4.65%)
SOL $88.07 (+6.82%)
TRX $0.29 (-0.06%)
DOGE $0.10 (+6.72%)
ADA $0.29 (+9.25%)
BCH $501.37 (+1.53%)
LEO $8.79 (+1.23%)
HYPE $28.82 (+7.07%)
CC $0.17 (+7.63%)
LINK $9.26 (+8.11%)
XMR $345.91 (+2.35%)
XLM $0.16 (+6.67%)
RAIN $0.01 (+1.73%)
HBAR $0.10 (+5.21%)
LTC $56.25 (+6.44%)
ZEC $246.37 (+2.78%)
AVAX $9.36 (+7.75%)

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