Vavada Banner
BTC $71,806.00 (+0.57%)
ETH $2,193.44 (+0.14%)
XRP $1.34 (+0.14%)
BNB $600.95 (-0.10%)
SOL $83.44 (+1.21%)
TRX $0.32 (+0.89%)
DOGE $0.09 (+0.62%)
HYPE $40.91 (+4.37%)
LEO $10.11 (-0.30%)
ADA $0.25 (-0.25%)
BCH $439.01 (-0.96%)
LINK $8.95 (+1.95%)
XMR $348.12 (+3.37%)
ZEC $379.47 (+19.56%)
CC $0.15 (+2.92%)
XLM $0.15 (-0.24%)
M $2.63 (-1.13%)
LTC $54.49 (+0.96%)
AVAX $9.30 (+1.96%)
HBAR $0.09 (-0.20%)

Iraq vs Comoros

Crypto regulation comparison

← Back to map | Iraq | Comoros
Iraq

Iraq

Comoros

Comoros

Banned
Legal

Iraq has banned cryptocurrency dealings. The Central Bank of Iraq issued a directive in 2017 prohibiting banks, financial institutions, and exchange companies from dealing in cryptocurrency. Despite the ban, some underground and peer-to-peer crypto trading reportedly persists.

Comoros has no specific cryptocurrency regulation.

Tax Type Unclear
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator CBI (Central Bank of Iraq)
Regulator Banque Centrale des Comores
Stablecoin Rules Not applicable; crypto activities prohibited
Stablecoin Rules No stablecoin regulation
Key Points
  • CBI banned all crypto dealings by financial institutions in 2017
  • Exchange companies are prohibited from handling cryptocurrency
  • No regulatory framework for crypto businesses
  • Underground and P2P crypto trading reportedly exists despite the ban
  • The ban is motivated by AML concerns and financial stability considerations
Key Points
  • No specific cryptocurrency legislation
  • Central bank has not addressed crypto regulation
  • Very limited internet and financial infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services
Sources
Sources
OKX Banner