Vavada Banner
BTC $65,247.00 (-3.49%)
ETH $1,915.28 (-5.17%)
BNB $608.99 (-2.44%)
XRP $1.35 (-3.45%)
SOL $81.45 (-5.30%)
TRX $0.28 (-1.11%)
DOGE $0.09 (-3.61%)
ADA $0.28 (-4.13%)
BCH $463.31 (-3.82%)
LEO $8.80 (+0.21%)
HYPE $27.19 (-4.35%)
CC $0.17 (-0.79%)
XMR $336.24 (-1.21%)
LINK $8.68 (-4.08%)
XLM $0.16 (-1.85%)
RAIN $0.01 (-1.89%)
HBAR $0.10 (-1.27%)
LTC $54.32 (-2.24%)
AVAX $8.94 (-3.68%)
ZEC $219.03 (-8.55%)

Iraq vs South Sudan

Crypto regulation comparison

← Back to map | Iraq | South Sudan
Iraq

Iraq

South Sudan

South Sudan

Banned
No Regulation

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.

South Sudan has no specific cryptocurrency regulation. Political instability and very limited infrastructure make crypto regulation a non-priority.

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 Bank of South Sudan
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
  • Political instability limits regulatory development
  • Very limited internet and financial infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services
Sources
Sources