Explore why Iran, North Korea and Myanmar remain on the FATF blacklist, how they use crypto to dodge sanctions, and what regulators and businesses must do to stay compliant.
Myanmar crypto regulation
When talking about Myanmar crypto regulation, the collection of laws, guidelines and enforcement actions that shape how digital assets are used in Myanmar. Also known as Myanmar digital currency policy, it determines who can trade, how taxes are applied and what penalties exist for non‑compliance. This framework directly involves the Central Bank of Myanmar, the monetary authority that can approve or ban crypto activities and issues licensing requirements, the underlying blockchain technology, the distributed ledger that powers cryptocurrencies and many DeFi services, and the rapidly growing DeFi platforms, protocols that let users lend, borrow and trade without traditional intermediaries. Together they create a landscape where Myanmar crypto regulation decides market access, shapes investor behavior and forces every participant to adopt a solid AML/KYC compliance framework, the set of anti‑money‑laundering and know‑your‑customer procedures mandated by law.
Key elements you need to understand
The central authority sets three core attributes for crypto operations: licensing, taxation and reporting. Licensing is controlled by the Central Bank of Myanmar, which requires any exchange or wallet provider to obtain a formal permit before serving local users. Taxation follows a flat rate on capital gains, while the tax code also outlines deductible expenses for mining and staking. Reporting obliges entities to file monthly on‑chain transaction summaries to a government‑run portal, ensuring traceability of large transfers. These attributes form an Entity‑Attribute‑Value set: Central Bank of Myanmar – Licensing Policy – Mandatory exchange permit; Myanmar tax code – Capital Gains Rate – 10 %; Regulatory body – Reporting Duty – Monthly on‑chain disclosures. The result is a system where compliance tools like automated AML scanners and KYC verification services become essential for anyone wanting to stay on the right side of the law.
Below you’ll find a curated collection of analyses, exchange reviews, tax guidelines and compliance tool round‑ups that break down how each of these rules works in practice. Whether you’re a trader, a developer building on a local blockchain, or a compliance officer trying to map the AML requirements, the articles ahead give concrete steps, real‑world examples and up‑to‑date insights to help you navigate Myanmar’s evolving crypto environment.