BTC $67,186.00 (+1.16%)
ETH $1,953.22 (-0.26%)
XRP $1.41 (-0.50%)
BNB $608.47 (+0.72%)
SOL $83.10 (+2.05%)
TRX $0.29 (+2.36%)
DOGE $0.10 (+0.10%)
BCH $561.73 (+0.77%)
ADA $0.27 (+0.02%)
LEO $8.68 (+1.51%)
HYPE $29.22 (+2.49%)
XMR $338.83 (+3.03%)
LINK $8.60 (+0.05%)
CC $0.16 (-3.29%)
XLM $0.16 (-0.73%)
RAIN $0.01 (+0.90%)
ZEC $263.40 (-0.24%)
HBAR $0.10 (-1.10%)
LTC $52.85 (-0.92%)
AVAX $8.91 (+0.67%)

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