Myanmar bans crypto through licensing and currency law, and it backs the ban with criminal penalties. The Central Bank of Myanmar issued Notification 9/2020 on 15 May 2020 with the stated purpose of preventing the financial loss that arises when members of the public use and trade digital currencies inside the country. Paragraph 2 anchors it: the CBM is the sole issuer and manager of domestic currency under sections 40(e) and 62 of the Central Bank of Myanmar Law; section 38 of the Foreign Exchange Management Law forbids anyone from carrying on foreign exchange business without a licence; section 159 of the Financial Institutions Law forbids anyone from operating as a non-bank financial institution without a CBM registration certificate.
The contract itself does not change by geography: a ARB perpetual settles in USDC everywhere.
The legal status above rules out a trading route for Arbitrum exposure from Myanmar.
Capital gains tax in Myanmar is levied at 10% on gains from the sale or exchange of capital assets.
Trading ARB from Myanmar: banned.
Regulator for Arbitrum trading in Myanmar: Central Bank of Myanmar issued the crypto prohibition and licenses banks, non-bank financial institutions and mobile financial services providers.
For Myanmar residents trading Arbitrum: Capital gains tax in Myanmar is levied at 10% on gains from the sale or exchange of capital assets.
For Arbitrum traders in Myanmar: The Central Bank of Myanmar prohibits the sale, purchase, or exchange of digital currencies under Directive 9/2020.
Perpetual markets for stocks, gold, indices and pre-IPO names — settled on-chain, no wallet-to-exchange transfers.
