Roobet Banner
BTC $81,259.00 (+0.74%)
ETH $2,357.55 (+0.57%)
BNB $760.02 (+2.37%)
XRP $1.32 (-0.22%)
SOL $102.37 (+1.24%)
TRX $0.33 (-0.63%)
ZEC $1,314.55 (+0.89%)
HYPE $80.71 (-0.58%)
DOGE $0.08 (+1.07%)
XMR $597.34 (-1.45%)
LINK $11.82 (+2.28%)
LEO $9.42 (+4.12%)
ADA $0.21 (+0.33%)
NEAR $4.73 (+1.41%)
XLM $0.17 (+1.47%)
BCH $288.86 (-2.52%)
RAIN $0.01 (-5.50%)
LTC $59.35 (+3.96%)
UNI $7.27 (+3.16%)
CC $0.10 (+1.55%)

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

-

Roobet Banner