Roobet Banner
BTC $81,548.00 (-0.72%)
ETH $2,420.46 (-0.81%)
BNB $721.25 (-0.89%)
XRP $1.31 (-1.85%)
SOL $104.16 (-1.09%)
TRX $0.33 (+0.84%)
ZEC $1,145.70 (-6.48%)
HYPE $80.10 (-1.95%)
DOGE $0.08 (-0.42%)
XMR $557.98 (+2.20%)
LINK $12.32 (-1.10%)
ADA $0.23 (-1.72%)
LEO $8.97 (-0.76%)
NEAR $5.06 (-3.90%)
XLM $0.18 (-1.04%)
RAIN $0.01 (-7.29%)
BCH $275.38 (-0.87%)
LTC $59.64 (-1.72%)
UNI $7.32 (-1.47%)
AVAX $9.95 (-0.74%)

Greenland vs Uruguay

Crypto regulation comparison

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

-