Myanmar

Cryptocurrency transactions and mining are banned in Myanmar, with the Central Bank of Myanmar issuing a ban in 2020 and the military junta reinforcing it in 2022. There is no indication of legal frameworks supporting crypto activities.

Overview

StatusBanned
Risk Score90/100 (Very High Risk)
Regionsoutheast asia
CurrencyMMK

Tax

Capital Gains (Personal)N/A
Capital Gains (Corporate)N/A
VAT on CryptoNo
Staking TaxN/A
Airdrop TaxN/A

No crypto-specific tax guidance available.

Licensing

RequiredNo
RegulatorCBM
FrameworkCBM banned cryptocurrency transactions (2020); military junta reinforced ban (2022)
Easevery_complex
CostN/A

DeFi

Status: Banned

Stablecoins

Status: Banned

NFTs

Status: Banned

Mining

LegalNo
Electricity$0.045/kWh
Renewable40%
Infrastructurepoor

Mining is banned by the Central Bank and military authorities. Electricity cost is low but infrastructure and political instability hinder mining operations.

Geopolitics

Stabilityvery_unstable
SanctionsYes
Corruption Index22/100
Banking Accessvery_restricted

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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