Vavada Banner
BTC $73,209.00 (+1.18%)
ETH $2,254.57 (+1.82%)
XRP $1.36 (+0.33%)
BNB $608.09 (+0.16%)
SOL $85.25 (+1.01%)
TRX $0.32 (-0.43%)
DOGE $0.09 (+0.30%)
HYPE $41.55 (+3.97%)
ADA $0.26 (-0.29%)
LEO $10.11 (+0.05%)
BCH $445.47 (+0.28%)
LINK $9.14 (+0.92%)
XMR $344.41 (-0.60%)
ZEC $379.25 (+2.17%)
CC $0.15 (-3.97%)
XLM $0.16 (-0.76%)
M $2.72 (+3.97%)
LTC $55.20 (+0.65%)
AVAX $9.45 (+0.27%)
RAIN $0.01 (+3.17%)

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

-

OKX Banner