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Iran vs Sudan

Crypto regulation comparison

Iran

Iran

Sudan

Sudan

Restricted
Restricted

Iran has a complex stance on cryptocurrency. Crypto mining is legal and licensed by the Ministry of Industry, but using crypto for domestic payments is banned by the CBI. The government has explored using crypto for international trade to circumvent sanctions. Mining operations are periodically shut down during energy shortages.

Sudan has a restrictive financial environment compounded by political instability and historical international sanctions. The central bank has warned against crypto use.

Tax Type Unclear
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges No No
Mining Yes Yes
Mining No No
Regulator CBI (Central Bank of Iran), Ministry of Industry
Regulator Central Bank of Sudan
Stablecoin Rules Not applicable; crypto payments and trading domestically restricted
Stablecoin Rules No stablecoin regulation
Key Points
  • Crypto mining is legal and licensed by the Ministry of Industry, Mine and Trade
  • CBI bans using crypto as a domestic payment method
  • Licensed miners must sell mined crypto to the CBI or authorized exporters
  • Government has explored crypto for sanctions evasion in international trade
  • Mining farms periodically shut down during summer/winter energy demand peaks
Key Points
  • Central bank has warned against cryptocurrency use
  • Political instability and conflict limit regulatory development
  • Historical international sanctions restrict financial access
  • No specific cryptocurrency legislation
  • Very limited crypto infrastructure