BTC $68,601.00 (+1.82%)
ETH $1,989.16 (+1.70%)
XRP $1.45 (+2.45%)
BNB $628.47 (+2.29%)
SOL $86.61 (+3.73%)
TRX $0.29 (+0.56%)
DOGE $0.10 (+0.71%)
BCH $573.54 (+5.56%)
ADA $0.28 (-0.21%)
LEO $8.45 (-2.93%)
HYPE $29.91 (+1.52%)
LINK $8.96 (+2.44%)
CC $0.16 (+1.93%)
XMR $327.47 (-2.10%)
XLM $0.16 (+0.83%)
RAIN $0.01 (+0.25%)
HBAR $0.10 (+1.01%)
ZEC $261.34 (-0.13%)
LTC $55.72 (+2.49%)
AVAX $9.28 (+1.86%)

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