Roobet Banner
BTC $80,646.00 (-0.74%)
ETH $2,371.43 (-0.71%)
BNB $736.20 (+0.86%)
XRP $1.29 (-1.73%)
SOL $102.13 (-1.55%)
TRX $0.33 (+0.35%)
ZEC $1,170.03 (-3.90%)
HYPE $76.29 (-1.46%)
DOGE $0.08 (-0.69%)
XMR $571.05 (-4.03%)
LINK $11.74 (-1.80%)
LEO $9.01 (-0.29%)
ADA $0.21 (-1.06%)
XLM $0.17 (-1.55%)
NEAR $4.60 (-5.81%)
RAIN $0.01 (-4.94%)
BCH $280.06 (+1.76%)
LTC $56.88 (-2.92%)
UNI $6.90 (-1.38%)
CC $0.10 (-1.64%)

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