OKX Banner
BTC $77,971.00 (-0.31%)
ETH $2,429.46 (-1.27%)
BNB $686.31 (-0.91%)
XRP $1.37 (-2.18%)
SOL $102.21 (-2.95%)
TRX $0.34 (-1.38%)
HYPE $80.18 (-3.52%)
ZEC $837.06 (-0.24%)
DOGE $0.08 (-3.29%)
RAIN $0.02 (-5.48%)
XMR $489.20 (+3.28%)
LEO $9.63 (-0.73%)
LINK $11.20 (-1.96%)
ADA $0.19 (-3.45%)
XLM $0.18 (-2.29%)
BCH $244.53 (-1.03%)
CC $0.12 (-2.17%)
LTC $48.34 (-0.94%)
GRAM $1.34 (-0.79%)
USDG $1.00 (-0.02%)

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