OKX Banner
BTC $64,952.00 (+0.20%)
ETH $1,948.23 (+1.40%)
BNB $575.02 (+0.40%)
XRP $1.09 (-1.20%)
SOL $75.89 (+0.20%)
TRX $0.33 (-1.30%)
HYPE $56.80 (-4.30%)
DOGE $0.07 (-1.80%)
RAIN $0.01 (-2.80%)
LEO $9.74 (+0.10%)
ZEC $487.45 (-1.70%)
XMR $347.19 (-2.80%)
LINK $8.63 (-0.10%)
XLM $0.18 (-1.50%)
ADA $0.16 (-3.70%)
CC $0.12 (-2.20%)
BCH $215.12 (+0.20%)
GRAM $1.49 (-2.10%)
LTC $46.46 (-3.00%)
USDG $1.00 (-0.10%)

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