OKX Banner
BTC $65,065.00 (+0.83%)
ETH $1,921.81 (+3.00%)
BNB $578.80 (-0.17%)
XRP $1.11 (+0.96%)
SOL $77.67 (+0.59%)
TRX $0.32 (-0.19%)
HYPE $67.61 (+4.61%)
DOGE $0.07 (-0.52%)
ZEC $573.27 (+4.63%)
RAIN $0.01 (-0.55%)
LEO $9.81 (+2.57%)
XLM $0.19 (+1.61%)
LINK $8.48 (+2.93%)
XMR $331.50 (+0.78%)
ADA $0.16 (-0.87%)
CC $0.14 (+5.29%)
BCH $229.51 (-3.40%)
GRAM $1.59 (-2.29%)
LTC $45.16 (+1.65%)
USDG $1.00 (+0.09%)

Greenland vs Uruguay

Crypto regulation comparison

← Back to map | Greenland | Uruguay
Greenland

Greenland

Uruguay

Uruguay

No Data
Legal

-

Uruguay has a generally favorable stance toward cryptocurrency. The BCU has not banned crypto and in 2024 introduced regulations for virtual asset service providers. Crypto income may be taxed at 12% under the IRPF (personal income tax) as capital income. Uruguay has a stable economy and is positioning itself as a fintech hub in Latin America.

Tax Type Unclear
Tax Type Income
Tax Rate N/A
Tax Rate 12%
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator -
Regulator BCU (Banco Central del Uruguay)
Stablecoin Rules -
Stablecoin Rules No specific stablecoin regulation
Key Points

-

Key Points
  • BCU introduced VASP regulations in 2024
  • Crypto income taxed at 12% as capital income under IRPF
  • Crypto not classified as legal tender; peso remains the national currency
  • Uruguay has a relatively stable economy and favorable fintech environment
  • AML/KYC requirements apply to registered VASPs
Sources

-

Sources
OKX Banner