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Iraq vs Kosovo

Crypto regulation comparison

← Back to map | Iraq | Kosovo
Iraq

Iraq

Kosovo

Kosovo

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.

Kosovo banned crypto mining in 2022 due to energy crisis but crypto trading remains legal. The Central Bank has warned about crypto risks.

Tax Type Unclear
Tax Type Income
Tax Rate N/A
Tax Rate 0-10%
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining No No
Regulator CBI (Central Bank of Iraq)
Regulator Central Bank of Kosovo
Stablecoin Rules Not applicable; crypto activities prohibited
Stablecoin Rules No specific 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
  • Crypto mining banned in 2022 due to energy crisis
  • Crypto trading and holding remain legal
  • Central Bank has warned about crypto risks
  • Income from crypto subject to taxation
  • Growing crypto adoption despite mining ban
Sources
Sources