Roobet Banner
BTC $80,285.00 (-0.08%)
ETH $2,332.28 (+0.33%)
BNB $743.91 (-0.03%)
XRP $1.32 (+1.34%)
SOL $100.55 (-1.49%)
TRX $0.33 (-0.88%)
ZEC $1,279.74 (+1.40%)
HYPE $79.06 (+0.63%)
DOGE $0.08 (+0.11%)
XMR $587.44 (-0.66%)
LINK $11.38 (-1.39%)
LEO $9.01 (-0.30%)
ADA $0.20 (-0.97%)
NEAR $4.53 (-2.24%)
XLM $0.17 (-1.16%)
BCH $286.48 (+3.23%)
RAIN $0.01 (-10.07%)
UNI $7.12 (+0.24%)
LTC $56.43 (-1.11%)
CC $0.10 (-2.37%)

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