Is Bitcoin Legal in Myanmar?
No. The Central Bank of Myanmar says all crypto transactions, online or offline, are prohibited.
Banned · facts checked November 2026 · bitcoin is $77,615 today
| Status | Banned |
|---|---|
| Regulator | Central Bank of Myanmar (CBM) |
| Main law | CBM announcements (May 2019, May 2020) and warning of 16 Nov 2025; no specific crypto statute |
| Exchanges | No. No institution is authorised to deal in crypto. |
| Paying with bitcoin | No. |
| Banks | No. |
| Tax | Not applicable (activity prohibited). |
| Mining | Banned |
| Recent change | 16 Nov 2025: the CBM reiterated the total ban; May 2026: a draft Anti-Online Fraud Bill proposed 10 years to life (possibly death) for 'digital currency fraud'. |
Sources: tilleke.com · regional-front.cointelegraph.com. Crypto rules change quickly; check with the regulator or a qualified adviser before acting. Not legal or tax advice.
Bitcoin in Myanmar: FAQ
Is bitcoin legal in Myanmar?
No: the Central Bank of Myanmar says all crypto transactions, online or offline, are prohibited.
Is bitcoin legal tender in Myanmar?
No.
How is bitcoin taxed in Myanmar?
Not applicable (activity prohibited).
Who regulates crypto in Myanmar?
Central Bank of Myanmar (CBM). No. No institution is authorised to deal in crypto.
Is bitcoin mining legal in Myanmar?
Banned.
Other Countries Where Bitcoin Is Banned
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