OKX Banner
BTC $65,909.00 (-0.69%)
ETH $1,933.48 (+0.12%)
BNB $570.91 (-0.40%)
XRP $1.14 (-0.26%)
SOL $78.07 (-0.18%)
TRX $0.33 (-0.07%)
HYPE $59.07 (-3.01%)
DOGE $0.07 (-0.63%)
RAIN $0.01 (-6.23%)
LEO $9.81 (+2.31%)
ZEC $515.66 (-3.07%)
XMR $350.26 (-2.49%)
ADA $0.17 (+0.82%)
LINK $8.63 (-0.69%)
XLM $0.19 (-3.24%)
CC $0.12 (-3.60%)
BCH $219.29 (-2.17%)
GRAM $1.49 (-2.85%)
LTC $47.33 (+1.16%)
USDG $1.00 (+0.15%)

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
OKX Banner