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Burundi vs Guatemala

Crypto regulation comparison

← Back to map | Burundi | Guatemala
Burundi

Burundi

Guatemala

Guatemala

No Data
No Regulation

-

Guatemala has no specific cryptocurrency regulation. The Banco de Guatemala has stated that crypto is not legal tender and not backed by the central bank, but has not banned its use. Crypto usage exists primarily for remittances from the US-based diaspora.

Tax Type Unclear
Tax Type Unclear
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator -
Regulator Banguat (Banco de Guatemala), SIB
Stablecoin Rules -
Stablecoin Rules No stablecoin-specific regulation
Key Points

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Key Points
  • No specific cryptocurrency legislation exists
  • Banguat has warned that crypto is not legal tender and not government-backed
  • Crypto is neither explicitly legal nor illegal for private use
  • Remittance use case is significant given large diaspora in the US
  • Tax treatment of crypto gains is unclear
Sources

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Sources