🇲🇽
Mexico
CNBV
Regulated
Key law: Ley Fintech
Complete regulatory framework since 2018 with the Fintech Law. Exchanges must register with CNBV.
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Crypto Regulations in Latin America & Spain
Complete map of the crypto regulatory framework in each country. Information updated to 2026.
12 countries
4 regulated
4 in development
🇨🇴
Colombia
DIAN / Superfinanciera
In development
Key law: Proyecto de Ley Cripto
Active regulatory sandbox. Superfinanciera oversees pilots with authorized exchanges.
🇦🇷
Argentina
BCRA / CNV
In development
Key law: Regulación en desarrollo
BCRA requires VASP registration. Income tax applies to crypto since 2023.
🇨🇱
Chile
CMF
Regulated
Key law: Ley Fintech (2023)
Fintech Law approved in 2023. CMF supervises crypto platforms with mandatory licensing.
🇧🇷
Brazil
BCB / CVM
Regulated
Key law: Marco Legal Cripto (2022)
Legal framework effective since 2023. BCB regulates exchanges and CVM supervises security tokens.
🇵🇪
Peru
SBS
In development
Key law: Proyecto de regulación
SBS working on regulatory framework. Crypto is not legal tender but its use is permitted.
🇻🇪
Venezuela
SUNACRIP
Regulated (restrictive)
Key law: Decreto Constituyente
SUNACRIP regulates crypto use with strict controls. Mining requires a state license.
🇪🇨
Ecuador
BCE
No specific regulation
Key law: Sin legislación específica
No specific regulation. The central bank has issued warnings but does not prohibit crypto use.
🇺🇾
Uruguay
BCU
In development
Key law: Proyecto de ley
BCU advancing virtual asset regulation. Bill under parliamentary discussion.
🇵🇦
Panama
SMV
No specific regulation
Key law: Sin legislación específica
Crypto law passed in 2022 was vetoed. No active regulatory framework for crypto assets.
🇨🇷
Costa Rica
SUGEF
No specific regulation
Key law: Sin legislación específica
No specific regulation. SUGEF does not supervise crypto assets but commercial use is permitted.
🇪🇸
Spain
CNMV
Regulated
Key law: MiCA (EU)
Regulated under MiCA (EU). CNMV supervises crypto asset providers with European licensing.
This information is educational and does not constitute legal or financial advice. Always consult a qualified professional.