--- title: "Myanmar Crypto Regulation Monitor | cryptoassets.gi" canonical: https://cryptoassets.gi/jurisdictions/myanmar/ source_html: /jurisdictions/myanmar/index.html description: "Myanmar crypto asset regulation: 8 categories, 32 sourced findings, updated 2026-10-25. Licensing, token classification, stablecoins, tax treatment." generated_at: 2026-11-07T14:19:44Z content_sha256: 12e9c7c92cc18e791fa01b4ffd3af902ddb44100c9cc0d6a0dbca15c892a27d9 generator: "fe-fleet/md-twin@1.0" --- # Myanmar Crypto & Digital Asset Regulation schema crypto-v2.0.0 trajectory: not yet assessed prohibited overlaps: [Sentinel (AML/CFT)](https://sentinel.gi/jurisdictions/myanmar/), [World Payments](https://payments.gi/jurisdictions/myanmar/) Last updated 2026-10-25 · 8 categories · 32 sourced findings · 20 sources in the cumulative register Download report (PDF) Expand all Evidence re-verified: 2026-10-25 · Position last changed: 2026-10-25 · Record history & provenance ▾ Methodology & record provenance: Module confidence is derived from the underlying claims (source tier and primary excerpt retention), while statutory legal force is tracked independently. Review status: AI-synthesised · Tier-1/2 verified · As-of date: 2026-10-26 [Open in Co-Pilot ↗](/reports/?type=copilot&j=MYANMAR)[Build Report](/reports/?j=MYANMAR)[Compare](/compare/?j=MYANMAR) Framework posture Prohibited 8 of 9 modules populated · AI-synthesised · Tier-1/2 verified Lead supervisory authority Central Bank of Myanmar Primary statutory & supervisory perimeter Next milestone (> 2026-10-26) 2027 Anti-Online Scam Law implementing rules pending Module coverage & confidence 8 / 9 modules assessed 0 Confirmed · 8 Probable · 0 Uncertain · 1 Not yet assessed 8 Categories 0 Moved this cycle 0 Key judgments 2 Open gaps 32 Findings 4 Tier-1 sources Confidence mix 8 unpopulated (sums to 8 rendered categories; click to filter) No categories moved this cycle. ## Jurisdiction lead brief ###### Latest update · 25 October 2026 #### Lead Signal The one dated development reaching Myanmar's crypto file sits at the cross-border edge of the regime rather than at its core. On 9 October 2026, the US Treasury's Office of Foreign Assets Control removed Theint Win Htet from the Burma-related Specially Designated Nationals List, published in the Federal Register on 15 October 2026. The delisting is individual-scoped: it unblocks property and interests in property subject to US jurisdiction belonging to that one person, and it does not alter the broader Executive Order 14014 sanctions architecture that continues to bear on cross-border crypto flows touching Myanmar-military-linked persons. For a jurisdiction where the Central Bank of Myanmar's own Directive 9/2020 already forecloses any lawful route for residents to buy, sell or exchange digital currencies, the practical significance of a single US delisting is narrow: it changes the sanctions status of one individual, not the underlying prohibition on crypto activity inside Myanmar, and not the general application of EO 14014 to the wider population of Myanmar-military-linked persons who may transact in digital assets across borders. #### Other Developments No movement on the domestic licensing or token-classification fronts. The Central Bank of Myanmar's exclusive claim to issue legal tender, and the blanket prohibition on resident crypto transactions that flows from it, remain the operative baseline; nothing in the evidence disturbs that position, and no module beyond cross-border transfer carried a dated development warranting new prose. #### Cross-Monitor Connections The OFAC delisting of Theint Win Htet is the same underlying fact that financial-integrity and world-payments monitors are independently tracking, each through its own lens: financial-integrity reads it as a narrow sanctions-architecture data point set against continued divergence between US and UK/EU/Canadian/Australian Myanmar sanctions postures, while world-payments reads it as a correspondent-banking access question. For the crypto monitor, the relevant overlap is that any cross-border digital-asset flow touching a Myanmar-military-linked person remains subject to the same EO 14014 overlay that the delisting leaves otherwise intact; a crypto-sector counterparty screening against the Burma SDN List should register the single name removed and nothing more. #### Outlook No further removals or additions to the Burma-related SDN List are evidenced in the source register, and the Central Bank of Myanmar's own Directive 9/2020 text was not directly retrieved, leaving the domestic prohibition's precise statutory wording resting on secondary commentary rather than a primary instrument. The near-term question for cross-border transfer exposure is whether further individual-level US sanctions actions follow, and whether Myanmar's FATF standing (tracked elsewhere in the union) affects the correspondent-banking rails that any cross-border crypto-adjacent flow would in practice depend on. 2 earlier updates not shown here. ###### Standing brief · as of 25 August 2026 Written before the update above. Where they differ, the update is the more recent position. #### Lead Signal Myanmar's international crypto-adjacent risk profile has hardened this cycle on the strength of a single, high-confidence T1 signal: the Financial Action Task Force's 19 June 2026 update continues to list Myanmar as a High-Risk Jurisdiction Subject to a Call for Action, requiring FATF members to apply enhanced due diligence and, in serious cases, countermeasures. For a jurisdiction with no domestic crypto-licensing regime of its own, this FATF designation is effectively substituting international pressure for a domestic supervisory framework that does not exist. #### Other Developments Domestically, Myanmar's foundational prohibition stance is unchanged but now more precisely sourced. The Central Bank of Myanmar's blanket restriction, first signalled in a 3 May 2019 public notice, is formally anchored in CBM Notification/Directive No. 9/2020 (issued 15 May 2020), which declares all digital currencies illegal under CBM Law Sections 40(e) and 62. This cycle corrected the evidentiary basis for that directive, replacing a loosely-corroborated secondary characterisation with a direct citation to a Ministry of Information announcement and an independent directive analysis, and fixed the effective date to 15 May 2020. However, a Challenger hard-flag indicates CBM has since escalated enforcement through a 24 May 2024 notice on account closure and criminal prosecution and a 16 November 2025 notice reiterating that no licenses will be issued -- neither development is yet reflected in the sourced claim set, and the licensing and cross-border narrative is held pending primary-source confirmation of both. Beyond licensing, Myanmar has no domestic token taxonomy, no on-chain activity framework, and no domestic stablecoin regime. The only activity of note in those spaces is non-state: the National Unity Government's Spring Development Bank neobank, which announced a beta launch on the Polygon network using Uniswap v3 pools for USDT swaps in July 2023 (confidence in continued 2026 operation has been downgraded, as the underlying source only confirms the 2023 beta announcement), and the NUG's end-2021 political adoption of USDT as its 'official currency' -- both legally distinct from any CBM-sanctioned regime and not indicative of jurisdictional policy. A single low-tier source additionally reports that CBM separately convened a Central Committee for CBDC ('digital kyat') issuance around 24 June 2025; this remains unconfirmed by any primary source and has not been folded into a claim. On consumer protection, CBM's public advisory warns against buying, selling, transferring, or storing unauthorised crypto assets, citing volatility, weak oversight, and hacking risk, and directs the public toward bank channels -- functioning as a risk-disclosure measure rather than a comprehensive protection regime, since no custody, complaint-handling, or suitability rules have been identified. On tax, no Myanmar fiscal authority guidance on crypto has been located; this is treated as a genuine, sourced gap rather than an inferred exemption. Cross-border exposure is the most active vector this cycle. Beyond the FATF listing, the U.S. Treasury's OFAC sanctioned nine entities in Myanmar's Shwe Kokko region in September 2025 over alleged crypto investment scam networks involving debt bondage, violence, and coercion. Myanmar's military-backed parliament has drafted an 'Anti-Online Scam Bill' proposing life imprisonment for crypto-scam offences and the death penalty for forced-labor scam coercion, alongside international-cooperation coordination provisions; as of the report date it remains a draft pending parliamentary sitting, not enacted law. #### Cross-Monitor Connections The FATF Call-for-Action listing and the OFAC Shwe Kokko sanctions are both carried here for cross-border crypto context only; substantive AML/CFT analysis for Myanmar belongs to, and is being routed to, the financial-integrity monitor, consistent with the fleet's module-subscription rule for aml_cft_regime. Separately, the absence of any Myanmar crypto tax framework has been flagged for awareness to world-payments, given that monitor's adjacent tax_treatment coverage remit. No advennt-relevant overlap has been identified this cycle. #### Outlook The dominant open question for Myanmar's crypto profile is whether CBM's reported 24 May 2024 enforcement notice and 16 November 2025 licensing-reiteration notice will be confirmed by primary CBM sourcing; until they are, this record's licensing and cross-border narrative remains held, and any published characterisation of Myanmar's current enforcement posture should be read as anchored to 2019/2020 instruments only, not to the fuller 2024/2025 picture the Challenger has flagged. Separately, watch for parliamentary action on the Anti-Online Scam Bill, expected around 2026-Q2, and for any primary-source confirmation of CBM's reported CBDC ('digital kyat') committee, neither of which can be treated as settled fact on current sourcing. Read full brief · 1170 words Key regulatory facts for Myanmar Regulatory Dimension Myanmar Standing Position Jurisdiction Myanmar (MM) Regulatory Scope Crypto & Digital Asset Regulation (8 modules, 32 sourced findings) Crypto Licensing No licensing regime exists for crypto businesses in Myanmar. Token Classification Myanmar has not published a domestic token-classification taxonomy distinguishing security tokens, e-money tokens, stablecoins, utility tokens, or NFTs. On-Chain Activity Regime No CBM framework addresses staking, DeFi lending, DEX activity, mining, node operation, validator activity, or tokenization. Stablecoin Regime CBM has not authorised, and has no framework for, stablecoin issuance, reserve requirements, redemption rights, disclosure, or systemic designation. Primary Instruments Cited Central Bank of Myanmar, CoinDesk, Central Bank of Myanmar, Central Bank of Myanmar, Central Bank of Myanmar Last Confirmed / Updated 2026-10-25 (20 sources in cumulative register) 8 of 8 categories Signal Moved Judgment Gap Density Comfortable Compact Expand all sources Reset all Selections OR within a group, AND across groups. Press / to search. ### Myanmar: C1 Crypto LicensingRedEnacted in forceModule confidence: Probable▾ No licensing regime exists for crypto businesses in Myanmar. The Central Bank of Myanmar (CBM) issued a public cryptocurrency notice on 3 May 2019 restricting cryptocurrency use, and a secondary-source report indicates CBM declared all digital currencies illegal in May 2020. This sits within a broader post-2021 foreign-exchange and currency-control lockdown; enforcement capacity is materially shaped by ongoing political instability rather than a mature, purpose-built licensing apparatus. No VASP registration, notification, or licensing pathway has been identified. Open gap — crypto-int-1 Exact current text/number of CBM notifications in force (No. 9/2020 plus any 2024-2026 renewals) could not be retrieved from cbm.gov.mm directly this cycle. no under-indexing note recorded Horizon · 2027 (± more than a year) Anti-Online Scam Law implementing rules pending In force · Tier 3 source #### Crypto Licensing Myanmar operates a blanket, enforcement-backed prohibition on cryptocurrency activity, administered by the Central Bank of Myanmar (CBM), with no licensing, registration, or notification pathway available to virtual asset service providers. The earliest documented instrument is a public cryptocurrency notice published in Myanmar's state-run newspapers on 3 May 2019, restricting cryptocurrency activity in the country. That notice was substantially strengthened by CBM Notification/Directive No. 9/2020, issued 15 May 2020, which declares all digital currencies illegal and cites CBM Law Sections 40(e) and 62 as its statutory basis. This cycle materially improved the evidentiary anchoring of the 2020 directive. The prior sourcing characterised the May 2020 declaration as loosely-corroborated secondary reporting tied only to the 2019 notice, with an effective date of 1 May 2020 and a T4 evidence tier. Following Challenger review, the claim was corrected to cite a Ministry of Information announcement (no. 14061) directly, corroborated by an independent directive analysis, upgrading the evidence tier to T1 and correcting the effective date to 15 May 2020 -- the date matching the confirmed issuance of Directive No. 9/2020. Notwithstanding this improvement in evidentiary quality for the 2019/2020 instruments, a Challenger hard-flag has identified a significant gap in currency: CBM is reported to have issued a further enforcement notice on 24 May 2024 addressing account closure and criminal prosecution for digital-currency activity, and a subsequent notice on 16 November 2025 reiterating that no licenses will be issued. Neither of these more recent actions has been confirmed via a CBM primary source, and neither is reflected in the structured claims carried this cycle. Because the licensing and cross-border narrative as currently sourced relies exclusively on 2019/2020 material, this composed record's licensing and cross-border narrative remains held pending primary-source confirmation of both the 2024 and 2025 notices, per the gaps register. A related, distinct gap concerns the completeness of the 'no licensing pathway' finding itself: the absence of any CBM licensing, registration, or notification mechanism for virtual asset service providers is currently inferred from silence in CBM's published rules index rather than confirmed by a direct primary-source statement, and a separate gap notes that this composed record cannot yet confirm whether CBM is the sole regulator or whether a concurrent ministry (for example, Ministry of Commerce or Ministry of Planning and Finance) operates a parallel crypto-adjacent regime. Both gaps are carried forward as open items rather than resolved by inference. #### Outlook The near-term priority for this module is primary-source confirmation of CBM's reported 2024 and 2025 enforcement notices; until that confirmation is obtained, the licensing narrative should be read as reflecting Myanmar's 2019/2020 legal position only, understating the extent of more recent enforcement activity that the Challenger has flagged as likely but unconfirmed. A secondary open item is confirmation of CBM's exclusivity as regulator, and a tertiary item is direct primary-source confirmation of the 'no licensing pathway' negative finding, both of which remain outstanding. Read full sub-brief · 482 words No new data since the standing brief. 1 periodic run re-emitted it unchanged. Sources and findings (8) - T1[Central Bank of Myanmar](https://www.cbm.gov.mm/content/3901) — The Central Bank of Myanmar published a cryptocurrency-related public notice in state-run newspapers on 3 May 2019, restricting cryptocurrency activity. - T3[CoinDesk](https://www.coindesk.com/policy/2021/12/13/mynamars-shadow-government-adopts-tether-as-official-currency-report) — In May 2020, Myanmar's central bank declared all digital currencies illegal, per secondary reporting corroborating the 2019 CBM notice. - Unsourcedsource not recorded — All digital currencies declared illegal via CBM Notification/Directive No. 9/2020 (issued 15 May 2020), citing CBM Law Sections 40(e) and 62 as statutory basis. - T3[Central Bank of Myanmar](https://newhedge.io/buy/myanmar) — Sale, purchase, or exchange of unregulated digital currencies by Myanmar residents; no financial institution authorised to deal with digital currencies - T3[Central Bank of Myanmar](https://www.tilleke.com/insights/myanmars-central-bank-issues-further-warning-against-crypto-trading/) — Account closure and legal action under CBM Law, AML Law and Financial Institutions Law for crypto trading/exchange, potentially including imprisonment and fines - T4[Central Bank of Myanmar](https://eng.mizzima.com/2025/11/23/28448) — CBM Notification No. 9/2020 (May 2020) prohibits all persons resident in Myanmar from selling, purchasing or exchanging unregulated digital currencies, including Bitcoin, Ethereum and Tether; renewed by public notice on 16 November 2025. - T4[Myanmar enforcement authorities](https://arristor.com/crypto-account-closure-penalties-in-myanmar-risks-laws-and-reality) — Breach of the crypto prohibition is pursued via bank-account closure and prosecution under the Anti-Money Laundering Law and the Financial Institutions Law; no specific crypto-trading penalty maximum located. ### Myanmar: C2 Token ClassificationRedEnacted in forceModule confidence: Probable▾ Myanmar has not published a domestic token-classification taxonomy distinguishing security tokens, e-money tokens, stablecoins, utility tokens, or NFTs. CBM's public advisory on crypto assets discusses the topic descriptively (citing how other countries treat digital currencies as property or leave them unregulated) without adopting a comparable domestic classification. C2 · Token Classification — Full Module Record 0 sub-modules · 180 words · 4 traced claims · Re-verified 2026-10-25 The decision headline, regulatory posture (Red), primary framework, and supervisory authority above are open on the Free Explore layer. Register free with a business email for 3 full-record passes a month , or unlock all 170 jurisdictions with Pro (£39/mo · £99/mo all products) or Firm (£199/mo · £449/mo all products) . [Unlock with Free Pass / Sign In](https://a-i.gi/auth/login) [View Pro & Firm Plans (£39 / £199)](https://a-i.gi/licensing/#plans)[View Open Exemplar (Gibraltar)](/jurisdictions/gi/) ### Myanmar: C3 On-Chain Activity RegimeRedEnacted in forceModule confidence: Probable▾ No CBM framework addresses staking, DeFi lending, DEX activity, mining, node operation, validator activity, or tokenization. The only documented on-chain activity connected to Myanmar is run by the non-state, CBM-unrecognized 'shadow' National Unity Government (NUG), which operates outside CBM's authority and outside any Myanmar statutory on-chain regime. C3 · On-Chain Activity — Full Module Record 0 sub-modules · 180 words · 2 traced claims · Re-verified 2026-10-25 The decision headline, regulatory posture (Red), primary framework, and supervisory authority above are open on the Free Explore layer. Register free with a business email for 3 full-record passes a month , or unlock all 170 jurisdictions with Pro (£39/mo · £99/mo all products) or Firm (£199/mo · £449/mo all products) . [Unlock with Free Pass / Sign In](https://a-i.gi/auth/login)[View Pro & Firm Plans (£39 / £199)](https://a-i.gi/licensing/#plans)[View Open Exemplar (Gibraltar)](/jurisdictions/gi/) ### Myanmar: C4 Stablecoin RegimeRedEnacted in forceModule confidence: Probable▾ CBM has not authorised, and has no framework for, stablecoin issuance, reserve requirements, redemption rights, disclosure, or systemic designation. Politically notable but legally distinct: Myanmar's non-state, CBM-unrecognized shadow National Unity Government (NUG) purported to adopt Tether (USDT) as its 'official currency' at the end of 2021 as an act of defiance against the military administration — this is a political act by an unrecognized entity, not a CBM-sanctioned stablecoin regime, and must not be read as conferring any issuance authorisation or redemption right under Myanmar law. Periodic update · new data 2026-09-28 #### Stablecoin Regime Myanmar draws no legal distinction between stablecoins and other digital currencies. USDT, used in practice for cross-border remittances, is treated by Myanmar authorities as unauthorized currency conversion under the general prohibition established by Central Bank of Myanmar Notification 9/2020, rather than as a distinct stablecoin category with its own reserve, redemption or authorisation requirements. This is a Probable-confidence finding sourced from secondary legal commentary rather than a primary CBM publication naming stablecoins specifically, and it should be read with that sourcing limitation in mind. The CBM renewed its general warning against cryptocurrency use and trade on 16 November 2025, reiterating that no domestic financial institution is authorised to provide crypto-related services. That renewal, Probable confidence and T3-sourced, applies to stablecoins with the same force as it applies to Bitcoin, Litecoin, Ethereum and Perfect Money, the tokens named in the original 2020 notification. There is no indication anywhere in this cycle's evidence of a differentiated stablecoin framework, a sandbox, or any authorisation pathway under discussion for fiat-referenced or algorithmic stablecoins. What does distinguish this cycle is the parallel development of a state-controlled alternative. The Central Bank of Myanmar established a Central Committee for the Issuance of Central Bank Digital Currency on 24 June 2025, tasked with developing a so-called digital kyat. This is an Uncertain-confidence, single-source (T4) finding, and it should not be read as an imminent product launch. Its significance is directional: it indicates that Myanmar's monetary authority is positioning a traceable, centrally issued digital-asset track as its preferred model, rather than moving to accommodate privately issued stablecoins such as USDT within a regulated framework. The practical effect for anyone using or building on stablecoin infrastructure touching Myanmar is that USDT and equivalent instruments remain fully exposed to the same enforcement risk as any other prohibited digital currency, with account-freezing, fines and imprisonment cited elsewhere in this cycle's evidence base as consequences of prohibited digital-currency activity generally. #### Outlook The key uncertainty is whether the CBDC committee's mandate becomes a published, verifiable instrument, which would upgrade this cycle's Uncertain-confidence finding and clarify whether the digital kyat track is intended to eventually accommodate any stablecoin-adjacent functionality or remains a wholly separate, state-controlled instrument. A second item to watch is whether the Anti-Online Fraud Bill, once its effective date is confirmed, is applied against stablecoin-facilitated remittance flows, which would sharpen enforcement risk considerably for any counterparty relying on USDT for cross-border transfers touching Myanmar. C4 · Stablecoins & EMTs — Full Module Record 0 sub-modules · 180 words · 5 traced claims · Re-verified 2026-10-25 The decision headline, regulatory posture (Red), primary framework, and supervisory authority above are open on the Free Explore layer. Register free with a business email for 3 full-record passes a month , or unlock all 170 jurisdictions with Pro (£39/mo · £99/mo all products) or Firm (£199/mo · £449/mo all products) . [Unlock with Free Pass / Sign In](https://a-i.gi/auth/login)[View Pro & Firm Plans (£39 / £199)](https://a-i.gi/licensing/#plans)[View Open Exemplar (Gibraltar)](/jurisdictions/gi/) ### Myanmar: C5 Consumer ProtectionAmberEnacted in forceModule confidence: Probable▾ CBM has issued a public advisory (undated, referencing recent CBDC research context) warning the public against buying, selling, transferring, or storing crypto assets not authorised by CBM, citing extreme price volatility, weak regulatory oversight, online-security breaches, and hacking risk, and directing the public to use only bank channels for legitimate currency transfers. This functions as an investor-warning / risk-disclosure measure rather than a comprehensive statutory consumer-protection regime (no custody-segregation, complaint-handling, or suitability rules identified). #### Consumer Protection CBM has issued a public advisory warning the Myanmar public against buying, selling, transferring, or storing CBM-unauthorised crypto assets, citing extreme price volatility, weak regulatory oversight, and the risk of hacking. The advisory directs the public to use only bank channels for legitimate currency transfers, positioning itself as guidance toward CBM-sanctioned financial infrastructure rather than toward crypto markets. This advisory functions as an investor-warning and risk-disclosure measure rather than as a comprehensive statutory consumer-protection regime. No custody-segregation requirements, complaint-handling mechanisms, or suitability rules for any crypto-adjacent activity have been identified in Myanmar's regulatory materials. In practical terms, a Myanmar consumer who is harmed through crypto-asset loss, fraud, or exchange failure has no dedicated statutory recourse specific to crypto; any protection available would need to be sought through Myanmar's general consumer or financial-services law, if any applies at all, rather than through a crypto-specific mechanism. The advisory's exact issuance date has not been confirmed -- CBM's published index does not surface a clear date for this specific content -- so no effective_date has been assigned to the underlying claim. #### Outlook No enforceable consumer-protection framework specific to crypto is expected to emerge separately from Myanmar's broader prohibition stance; any future consumer-protection development in this space would most likely arrive bundled with a licensing or enforcement action rather than as a standalone protection statute. Confirming the advisory's exact issuance date remains an open, lower-priority item. Read full sub-brief · 234 words No new data since the standing brief. 1 periodic run re-emitted it unchanged. Sources and findings (3) - T1[Central Bank of Myanmar](https://www.cbm.gov.mm/content/10088) — CBM's public advisory warns that the crypto asset market's extreme price volatility can cause investor losses, and that weak regulatory oversight combined with online-security breaches and hacking risk can result in loss of funds; it advises the public not to buy, sell, transfer, or store CBM-unauthorised crypto assets and to use only bank channels for legitimate currency transfers. - T3[Central Bank of Myanmar](https://www.tilleke.com/insights/myanmar-affirms-cryptocurrency-controls/) — Use only legitimate banking channels and avoid cryptocurrency activity, as its sole consumer-facing risk messaging - T3[Central Bank of Myanmar (CBM)](https://www.tilleke.com/insights/myanmar-affirms-cryptocurrency-controls/38/) — CBM's November 2025 warning highlighted money laundering, scams, tax evasion, hacking and price-volatility risks and urged use of legitimate banking channels only. ### Myanmar: C6 Tax TreatmentRedEnacted in forceModule confidence: Probable▾ No Myanmar tax statute, Internal Revenue Department circular, or CBM guidance specifically addressing the tax treatment (capital gains, income tax, VAT/GST, withholding, or reporting obligations) of cryptocurrency transactions has been identified. Given CBM's blanket prohibition stance on crypto use for transactions, no fiscal guidance appears to have been developed, and this remains an open research gap. C6 · Tax Treatment — Full Module Record 0 sub-modules · 180 words · 1 traced claims · Re-verified 2026-10-25 The decision headline, regulatory posture (Red), primary framework, and supervisory authority above are open on the Free Explore layer. Register free with a business email for 3 full-record passes a month , or unlock all 170 jurisdictions with Pro (£39/mo · £99/mo all products) or Firm (£199/mo · £449/mo all products) . [Unlock with Free Pass / Sign In](https://a-i.gi/auth/login)[View Pro & Firm Plans (£39 / £199)](https://a-i.gi/licensing/#plans)[View Open Exemplar (Gibraltar)](/jurisdictions/gi/) ### Myanmar: C7 Cross-Border TransferRedEnacted in forceModule confidence: Probable▾ Myanmar has no crypto-specific cross-border transfer framework; cross-border exposure is instead governed by (a) the general CBM/Foreign Exchange Management Law regime restricting dealing in foreign currencies without a licence, tightened amid post-2021 currency-control instability, and (b) international sanctions/AML enforcement actions targeting Myanmar-based crypto scam networks, including OFAC's September 2025 sanctions on entities in the Shwe Kokko region and Myanmar's continued FATF high-risk 'Call for Action' listing. Horizon · 2026-Q2 (± a quarter) Anti-Online Scam Bill (crypto-fraud penalties) parliamentary consideration Proposed · Tier 4 source Periodic update · new data 2026-10-25 #### Cross-Border Transfer Myanmar's cross-border crypto-transfer position continues to be defined by two overlapping constraints rather than any crypto-specific cross-border instrument: the Central Bank of Myanmar's Directive 9/2020, which prohibits residents from buying, selling or exchanging digital currencies at all (citing CBM's exclusive right to issue legal tender under sections 40(e) and 62 of the Central Bank of Myanmar Law), and the Foreign Exchange Management Law, which governs cross-border capital movement generally. Layered on top of this domestic architecture is the United States' Executive Order 14014 Burma sanctions program, which bears on cross-border flows touching Myanmar-military-linked persons regardless of the instrument used to move value. The one dated development sits inside that sanctions overlay rather than inside Myanmar's own instruments. On 9 October 2026, OFAC removed Theint Win Htet from the Burma-related Specially Designated Nationals List, with the removal published in the Federal Register on 15 October 2026. The delisting unblocks the property and US-jurisdiction interests of that one individual; it does not amend Executive Order 14014 itself and does not alter the sanctions program's general application to the broader population of Myanmar-military-linked persons who might otherwise attempt cross-border digital-asset transfers. Read against the standing domestic prohibition, the practical effect for cross-border crypto transfer is limited: there remains no lawful route for a Myanmar resident to transfer digital assets across the border at all, and the sanctions overlay that would additionally constrain any such flow touching a sanctioned person is otherwise unchanged. No other cross-border transfer development is evidenced. The Anti-Online Scam Law (Pyidaungsu Hluttaw Law No. 3/2026), which prescribes penalties of ten years to life imprisonment for operating an online scam centre or committing digital-currency fraud, remains in force as enacted on 31 July 2026, but no new application of it to a cross-border transfer fact pattern was located. #### Outlook The near-term question is whether the October 2026 delisting is an isolated individual action or the first of further adjustments to the Burma SDN List; nothing in the evidence indicates which. Separately, the Central Bank of Myanmar's own Directive 9/2020 text was not directly retrieved, so the precise scope of the domestic cross-border prohibition continues to rest on secondary commentary rather than the primary instrument, a gap worth closing before any firmer characterisation of the cross-border regime is drawn. Periodic update · new data 2026-10-18 #### Cross-Border Transfer Myanmar's cross-border crypto-transfer position continues to be defined by two overlapping constraints rather than any crypto-specific cross-border instrument: the Central Bank of Myanmar's Directive 9/2020, which prohibits residents from buying, selling or exchanging digital currencies at all (citing CBM's exclusive right to issue legal tender under sections 40(e) and 62 of the Central Bank of Myanmar Law), and the Foreign Exchange Management Law, which governs cross-border capital movement generally. Layered on top of this domestic architecture is the United States' Executive Order 14014 Burma sanctions program, which bears on cross-border flows touching Myanmar-military-linked persons regardless of the instrument used to move value. The one dated development this cycle sits inside that sanctions overlay rather than inside Myanmar's own instruments. On 9 October 2026, OFAC removed Theint Win Htet from the Burma-related Specially Designated Nationals List, with the removal published in the Federal Register on 15 October 2026. The delisting unblocks the property and US-jurisdiction interests of that one individual; it does not amend Executive Order 14014 itself and does not alter the sanctions program's general application to the broader population of Myanmar-military-linked persons who might otherwise attempt cross-border digital-asset transfers. Read against the standing domestic prohibition, the practical effect for cross-border crypto transfer is limited: there remains no lawful route for a Myanmar resident to transfer digital assets across the border at all, and the sanctions overlay that would additionally constrain any such flow touching a sanctioned person is otherwise unchanged. No other cross-border transfer development is evidenced this cycle. The Anti-Online Scam Law (Pyidaungsu Hluttaw Law No. 3/2026), which prescribes penalties of ten years to life imprisonment for operating an online scam centre or committing digital-currency fraud, remains in force as enacted on 31 July 2026, but no new application of it to a cross-border transfer fact pattern was located this cycle. #### Outlook The near-term question is whether the October 2026 delisting is an isolated individual action or the first of further adjustments to the Burma SDN List; nothing in this cycle's evidence indicates which. Separately, the Central Bank of Myanmar's own Directive 9/2020 text was not directly retrieved this cycle, so the precise scope of the domestic cross-border prohibition continues to rest on secondary commentary rather than the primary instrument, a gap worth closing before any firmer characterisation of the cross-border regime is drawn. C7 · Cross-Border & Travel Rule — Full Module Record 0 sub-modules · 180 words · 8 traced claims · Re-verified 2026-10-25 The decision headline, regulatory posture (Red), primary framework, and supervisory authority above are open on the Free Explore layer. Register free with a business email for 3 full-record passes a month , or unlock all 170 jurisdictions with Pro (£39/mo · £99/mo all products) or Firm (£199/mo · £449/mo all products) . [Unlock with Free Pass / Sign In](https://a-i.gi/auth/login)[View Pro & Firm Plans (£39 / £199)](https://a-i.gi/licensing/#plans)[View Open Exemplar (Gibraltar)](/jurisdictions/gi/) ### Myanmar: C8 AML/CFT RegimeAmberEnacted in forceModule confidence: Probable▾ This module is subscribed from the FIM aml_ctf baseline per fleet module-subscription rules; no aml_cft_regime claims are produced in this crypto DR baseline to avoid duplication. Disambiguation context only: Myanmar remains a FATF-identified high-risk jurisdiction subject to a Call for Action, which is the operative AML/CFT context for any crypto-adjacent flows, but the substantive AML/CFT claims live in the FIM module, not here. C8 · AML/CFT Regime — Full Module Record 0 sub-modules · 180 words · 1 traced claims · Re-verified 2026-10-25 The decision headline, regulatory posture (Amber), primary framework, and supervisory authority above are open on the Free Explore layer. Register free with a business email for 3 full-record passes a month , or unlock all 170 jurisdictions with Pro (£39/mo · £99/mo all products) or Firm (£199/mo · £449/mo all products) . [Unlock with Free Pass / Sign In](https://a-i.gi/auth/login)[View Pro & Firm Plans (£39 / £199)](https://a-i.gi/licensing/#plans)[View Open Exemplar (Gibraltar)](/jurisdictions/gi/)