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Is crypto legal in Uruguay?

Uruguay's legal stance on cryptocurrency is not yet recorded from a primary source.

South America · UY · 2 of 9 dimensions sourced

Every value below cites the primary government, central bank, financial regulator, or tax authority. How this is sourced →

Uruguay crypto policy at a glance

CBDC status
Pilot

Stage of the central bank digital currency programme — research, pilot, or launched.

cbdctracker.org ↗ · as of 2014 · confidence: high
Legal status
Not yet recorded

Whether crypto is legal, restricted, or banned for individuals and businesses.

VASP licensing
Not yet recorded

Whether the jurisdiction licenses crypto/VASP service providers.

Stablecoin rules
Not yet recorded

Rules governing stablecoin and e-money-token issuance.

Tax treatment
Not yet recorded

How crypto gains are taxed and reported, including OECD CARF participation.

DeFi treatment
Addressed

How decentralized finance (DeFi) is treated by regulators.

“El ecosistema cripto incluye, además de los criptoactivos utilizados como inversión o medio de pago, los desarrollos de finanzas descentralizadas (DeFi), que ofrecen servicios financieros mediante contratos inteligentes sobre redes blockchain públicas. Estos desarrollos presentan desafíos para los marcos regulatorios vigentes y la supervisión financiera.”
Banco Central del Uruguay ↗ · as of 2023-12-31 · confidence: medium
NFT classification
Not yet recorded

Whether NFTs are addressed in regulation.

Mining policy
Not yet recorded

Policy toward crypto mining — permitted, restricted, or banned.

Enforcement intensity
Not yet recorded

Intensity of regulatory enforcement actions against crypto firms.

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