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Crypto Regulation in Costa Rica

Costa Rica has no specific cryptocurrency legislation. The Central Bank has stated crypto is not legal tender and not backed by the government, but has not prohibited its use. Some businesses accept Bitcoin, and there is a growing crypto community, particularly in tech-focused areas.

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Costa Rica

Costa Rica

No Regulation

Costa Rica has no specific cryptocurrency legislation. The Central Bank has stated crypto is not legal tender and not backed by the government, but has not prohibited its use. Some businesses accept Bitcoin, and there is a growing crypto community, particularly in tech-focused areas.

Tax Type Unclear
Tax Rate N/A
Exchanges Yes Yes
Mining Yes Yes
Regulator BCCR (Banco Central de Costa Rica), SUGEF
Stablecoin Rules No stablecoin-specific regulation
Key Points
  • No specific cryptocurrency legislation exists
  • BCCR does not recognize crypto as legal tender but has not banned it
  • Crypto businesses operate in a legal gray area without formal licensing
  • A Bitcoin and crypto community has emerged, especially around tech hubs
  • Tax obligations on crypto gains are unclear due to lack of specific guidance
Sources

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