BTC $66,442.00 (-1.64%)
ETH $1,955.51 (-1.92%)
XRP $1.42 (-3.90%)
BNB $603.70 (-2.42%)
SOL $81.45 (-4.54%)
TRX $0.28 (-1.21%)
DOGE $0.10 (-2.65%)
BCH $557.51 (-0.79%)
ADA $0.27 (-3.14%)
LEO $8.62 (-0.70%)
HYPE $28.35 (-3.37%)
CC $0.17 (-0.79%)
LINK $8.59 (-2.68%)
XMR $329.50 (-0.58%)
XLM $0.16 (-3.01%)
RAIN $0.01 (-2.29%)
ZEC $261.89 (-12.04%)
HBAR $0.10 (-3.25%)
LTC $53.35 (-1.16%)
AVAX $8.85 (-3.08%)

United Kingdom vs Guatemala

Crypto regulation comparison

← Back to map | United Kingdom | Guatemala
United Kingdom

United Kingdom

Guatemala

Guatemala

Legal
No Regulation

The UK has an evolving and increasingly comprehensive crypto regulatory framework. The FCA registers crypto firms for AML/CFT compliance and has imposed strict financial promotion rules requiring risk warnings and banning incentives. HMRC treats crypto as property subject to Capital Gains Tax (10% basic rate, 20% higher rate, with £3,000 annual exemption from 2024/25). The Financial Services and Markets Act 2023 brought crypto assets into the UK regulatory perimeter, and HM Treasury is developing rules for a full crypto regime including exchange licensing, stablecoin regulation, and a potential UK CBDC ('Britcoin').

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 Capital gains
Tax Type Unclear
Tax Rate 18-24%
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator FCA (Financial Conduct Authority), HMRC, Bank of England
Regulator Banguat (Banco de Guatemala), SIB
Stablecoin Rules Stablecoin regulation under Financial Services and Markets Act 2023; fiat-backed stablecoins to be regulated by FCA
Stablecoin Rules No stablecoin-specific regulation
Key Points
  • FCA AML registration required for all crypto firms operating in the UK
  • Capital Gains Tax: 10% (basic rate) or 20% (higher rate); £3,000 annual exempt amount (2024/25)
  • Financial promotions regime (2023): strict rules on crypto advertising, risk warnings mandatory
  • Financial Services and Markets Act 2023 brings crypto into regulatory perimeter
  • HM Treasury developing comprehensive crypto regulatory regime (exchange licensing, conduct rules)
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
Sources