Vavada Banner
BTC $79,885.00 (+1.75%)
ETH $2,369.63 (+2.32%)
XRP $1.42 (+2.08%)
BNB $630.55 (+1.95%)
SOL $85.12 (+1.29%)
TRX $0.34 (-0.10%)
DOGE $0.11 (+3.50%)
HYPE $41.89 (+1.77%)
LEO $10.53 (+2.10%)
ADA $0.25 (+1.57%)
BCH $445.60 (+0.32%)
XMR $398.09 (+1.29%)
ZEC $419.36 (+7.34%)
LINK $9.58 (+4.80%)
CC $0.15 (-0.71%)
XLM $0.16 (+0.96%)
LTC $55.89 (+1.51%)
AVAX $9.30 (+2.69%)
HBAR $0.09 (+1.66%)
SUI $0.95 (+3.19%)

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