OKX Banner
BTC $65,653.00 (-1.00%)
ETH $1,922.32 (-0.60%)
BNB $569.76 (-0.40%)
XRP $1.14 (-0.60%)
SOL $77.67 (-0.80%)
TRX $0.33 (-0.20%)
HYPE $59.25 (-2.80%)
DOGE $0.07 (-1.50%)
RAIN $0.01 (-8.00%)
LEO $9.84 (-0.40%)
ZEC $514.14 (-3.30%)
XMR $351.92 (-0.80%)
ADA $0.17 (-0.20%)
LINK $8.60 (-1.30%)
XLM $0.18 (-4.50%)
CC $0.12 (-3.90%)
BCH $218.04 (-3.20%)
GRAM $1.51 (-4.30%)
LTC $47.21 (+1.30%)
USDG $1.00 (+0.00%)

Iraq vs Puerto Rico

Crypto regulation comparison

← Back to map | Iraq | Puerto Rico
Iraq

Iraq

Puerto Rico

Puerto Rico

Banned
No Data

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.

-

Tax Type Unclear
Tax Type Unclear
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges No No
Mining No No
Mining No No
Regulator CBI (Central Bank of Iraq)
Regulator -
Stablecoin Rules Not applicable; crypto activities prohibited
Stablecoin Rules -
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

-

Sources
Sources

-

OKX Banner