BTC $67,931.00 (-0.32%)
ETH $1,966.34 (-0.42%)
XRP $1.41 (-2.15%)
BNB $620.81 (-1.51%)
SOL $84.45 (-0.96%)
TRX $0.29 (+0.96%)
DOGE $0.10 (-3.53%)
BCH $570.65 (+0.25%)
ADA $0.27 (-3.36%)
LEO $8.20 (-5.16%)
HYPE $29.29 (-2.21%)
LINK $8.76 (-1.81%)
CC $0.16 (-1.29%)
XMR $319.10 (-2.54%)
XLM $0.16 (-4.64%)
RAIN $0.01 (+0.54%)
HBAR $0.10 (-2.43%)
LTC $54.07 (-1.96%)
ZEC $248.64 (-4.23%)
AVAX $8.93 (-3.72%)

Myanmar vs Mauritania

Crypto regulation comparison

← Back to map | Myanmar | Mauritania
Myanmar

Myanmar

Mauritania

Mauritania

Banned
Restricted

Myanmar's Central Bank issued Notification No. 9/2020 prohibiting the sale, purchase, and exchange of unregulated digital currencies. Violations are prosecuted under the Anti-Money Laundering Law and Financial Institutions Law with penalties including imprisonment and fines. Despite the ban, underground stablecoin usage persists, particularly USDT.

Mauritania has a restrictive stance on cryptocurrency. Islamic finance principles influence the financial regulatory approach. The central bank has warned against crypto use.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges No No
Mining No No
Mining No No
Regulator Central Bank of Myanmar
Regulator Banque Centrale de Mauritanie
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • CBM Notification No. 9/2020 prohibits sale, purchase, and exchange of digital currencies
  • Violations prosecuted under Anti-Money Laundering Law and Financial Institutions Law
  • Financial institutions banned from dealing in digital currencies
  • CBM is exploring a central bank digital currency (digital kyat)
  • Underground stablecoin (USDT) usage persists despite ban
Key Points
  • Central bank has warned against cryptocurrency use
  • Islamic finance principles influence regulatory approach
  • No specific cryptocurrency legislation
  • Limited crypto infrastructure
  • Financial institutions discouraged from dealing in crypto
Sources
Sources