Roobet Banner
BTC $77,155.00 (-1.68%)
ETH $2,464.97 (-0.61%)
BNB $716.13 (-0.91%)
XRP $1.35 (-2.98%)
SOL $99.75 (-2.14%)
TRX $0.34 (-0.45%)
ZEC $1,095.57 (-11.21%)
HYPE $79.77 (-4.92%)
DOGE $0.08 (-2.21%)
RAIN $0.02 (-3.85%)
XMR $513.35 (-0.46%)
LINK $11.56 (-2.38%)
LEO $9.10 (-1.04%)
ADA $0.21 (-2.02%)
XLM $0.18 (-2.45%)
BCH $227.12 (-9.54%)
LTC $52.86 (+0.03%)
CC $0.10 (-5.23%)
UNI $6.15 (+0.85%)
GRAM $1.36 (-1.56%)

Puerto Rico vs Uruguay

Crypto regulation comparison

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

-