OKX Banner
BTC $79,170.00 (-0.98%)
ETH $2,486.26 (-1.71%)
BNB $704.21 (-0.93%)
XRP $1.41 (-2.26%)
SOL $105.18 (+0.73%)
TRX $0.34 (+0.75%)
HYPE $82.65 (-0.40%)
DOGE $0.09 (-2.93%)
ZEC $790.19 (-0.43%)
RAIN $0.02 (+0.33%)
XMR $469.79 (+4.69%)
LINK $11.67 (-1.68%)
LEO $9.45 (+1.37%)
ADA $0.21 (-3.88%)
XLM $0.18 (-2.74%)
BCH $262.37 (-2.81%)
CC $0.11 (-4.15%)
GRAM $1.40 (-1.35%)
LTC $48.80 (-2.56%)
HBAR $0.08 (-1.36%)

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