Roobet Banner
BTC $81,550.00 (-0.04%)
ETH $2,417.73 (+0.17%)
BNB $717.66 (-0.52%)
XRP $1.30 (-0.39%)
SOL $104.07 (+0.23%)
TRX $0.33 (-0.16%)
ZEC $1,158.01 (+0.71%)
HYPE $79.20 (-0.45%)
DOGE $0.08 (-0.23%)
XMR $559.32 (+0.24%)
LINK $12.08 (-1.96%)
ADA $0.22 (-1.01%)
LEO $9.04 (-0.01%)
NEAR $5.00 (-0.66%)
XLM $0.18 (-0.63%)
RAIN $0.01 (-2.23%)
BCH $276.53 (+0.57%)
LTC $59.23 (-0.95%)
UNI $7.18 (-1.19%)
AVAX $9.88 (-1.34%)

Myanmar vs New Caledonia

Crypto regulation comparison

← Back to map | Myanmar | New Caledonia
Myanmar

Myanmar

New Caledonia

New Caledonia

Banned
No Data

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.

-

Tax Type None
Tax Type Unclear
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 -
Stablecoin Rules No stablecoin regulation
Stablecoin Rules -
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

-

Sources
Sources

-

Roobet Banner