Vavada Banner
BTC $72,055.00 (+0.23%)
ETH $2,212.10 (-0.88%)
XRP $1.36 (-0.29%)
BNB $607.09 (+0.01%)
SOL $84.52 (+0.72%)
TRX $0.32 (+0.28%)
DOGE $0.09 (-0.57%)
HYPE $39.97 (+3.62%)
ADA $0.26 (+0.03%)
LEO $10.11 (-0.13%)
BCH $444.29 (-0.38%)
LINK $8.99 (-1.09%)
XMR $343.54 (+2.16%)
CC $0.15 (+3.34%)
ZEC $334.69 (+0.93%)
XLM $0.16 (-2.77%)
M $2.65 (-1.47%)
LTC $54.59 (-0.15%)
AVAX $9.33 (+0.74%)
HBAR $0.09 (-0.48%)

Puerto Rico vs Uruguay

Crypto regulation comparison

← Back to map | Puerto Rico | Uruguay
Puerto Rico

Puerto Rico

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