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Kyrgyzstan vs Puerto Rico

Crypto regulation comparison

← Back to map | Kyrgyzstan | Puerto Rico
Kyrgyzstan

Kyrgyzstan

Puerto Rico

Puerto Rico

Legal
No Data

Kyrgyzstan adopted the Law on Virtual Assets in 2022 requiring licensing for exchanges, mining, and VASPs. Over 120 licensed VASPs operate. Crypto turnover exceeded traditional securities market in 2024.

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Tax Type Income
Tax Type Unclear
Tax Rate 10%
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator State Financial Supervision Authority
Regulator -
Stablecoin Rules Regulated under Virtual Assets Law
Stablecoin Rules -
Key Points
  • Law on Virtual Assets adopted in 2022 with licensing framework
  • Over 120 licensed VASPs active by late 2024
  • Three license types: trading operator, currency exchanger, mining operator
  • Crypto sector contributed 800M KGS in taxes in 2024
  • Virtual assets not recognized as legal tender but circulate under special regime
Key Points

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Sources
Sources

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