OKX Banner
BTC $79,504.00 (+0.04%)
ETH $2,500.20 (-0.10%)
BNB $705.29 (-0.23%)
XRP $1.42 (-1.13%)
SOL $104.98 (+0.54%)
TRX $0.34 (+0.84%)
HYPE $83.03 (+0.87%)
ZEC $802.20 (+2.52%)
DOGE $0.09 (-1.89%)
RAIN $0.02 (-0.70%)
XMR $471.77 (+0.78%)
LINK $11.76 (+0.03%)
LEO $9.45 (+1.36%)
ADA $0.21 (-1.63%)
XLM $0.18 (-1.34%)
BCH $264.22 (-1.84%)
CC $0.11 (-2.64%)
GRAM $1.41 (+0.83%)
LTC $48.80 (-2.15%)
HBAR $0.08 (-1.26%)

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

-

OKX Banner