Roobet Banner
BTC $81,409.00 (-0.47%)
ETH $2,392.61 (-0.40%)
BNB $745.40 (+1.67%)
XRP $1.32 (-0.80%)
SOL $104.20 (-0.20%)
TRX $0.33 (-0.22%)
ZEC $1,223.33 (-2.87%)
HYPE $77.70 (-0.66%)
DOGE $0.08 (+0.69%)
XMR $610.27 (-4.24%)
LINK $12.04 (-0.22%)
LEO $9.03 (-0.06%)
ADA $0.22 (-0.47%)
NEAR $4.90 (-1.78%)
XLM $0.18 (-0.87%)
RAIN $0.01 (-4.42%)
BCH $283.01 (+2.53%)
LTC $58.66 (-1.13%)
UNI $7.16 (+0.84%)
CC $0.10 (+0.60%)

Greenland vs Myanmar

Crypto regulation comparison

← Back to map | Greenland | Myanmar
Greenland

Greenland

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