BTC $67,890.00 (+0.07%)
ETH $1,972.44 (+0.52%)
XRP $1.42 (-0.61%)
BNB $618.73 (-1.34%)
SOL $84.91 (+0.52%)
TRX $0.29 (+1.14%)
DOGE $0.10 (-2.97%)
BCH $566.81 (-0.12%)
ADA $0.28 (-2.89%)
LEO $8.14 (-6.33%)
HYPE $29.67 (-2.19%)
LINK $8.82 (-0.80%)
CC $0.16 (+0.29%)
XMR $321.04 (-2.98%)
XLM $0.16 (-4.08%)
RAIN $0.01 (-2.21%)
HBAR $0.10 (-1.10%)
ZEC $253.60 (-2.99%)
LTC $54.33 (-1.48%)
AVAX $9.00 (-2.14%)

Myanmar vs Puerto Rico

Crypto regulation comparison

← Back to map | Myanmar | Puerto Rico
Myanmar

Myanmar

Puerto Rico

Puerto Rico

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

-