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Crypto Regulation in Belize

Legal

Belize has taken a permissive approach to crypto. The Central Bank of Belize has issued guidance but not banned crypto. The IFSC (International Financial Services Commission) regulates some digital asset activities.

Region: Central AmericaCurrency: BZDRisk Score: 45/100

Tax Information

Capital Gains (Personal)
No capital gains tax in Belize
Capital Gains (Corporate)
Business tax at 1.75% on gross turnover; no income tax
VAT on Crypto
No
Staking Tax
No income tax applies
Airdrop Tax
No income tax applies
Mining Tax
No income tax applies
Summary
Belize has no income tax or capital gains tax, making it tax-favorable for crypto. Business tax is levied on gross turnover.

Licensing & Registration

License Required
No
Regulator
CBB / IFSC (Central Bank of Belize / International Financial Services Commission)
Framework
No specific crypto law; IFSC guidance
License Types
--
Estimated Cost (USD)
$5,000 - $25,000
Timeline
2-6 months
Ease of Licensing
Easy
Notes
Belize does not have crypto-specific licensing but the IFSC regulates certain financial services. Several crypto exchanges have operated from Belize.

AML / KYC

KYC Required
Yes
Travel Rule
No
FATF Member
No
FATF Status
Partially Compliant
Suspicious Activity Reporting
Yes

Mining

Mining Legal
Yes
Status
Legal
Electricity Cost ($/kWh)
$0.18
Renewable Energy
50%
Climate
Tropical
Infrastructure
Moderate
Tax on Mining Income
Business tax at 1.75% on gross turnover; no income tax

DeFi, Stablecoins & NFTs

DeFi: unclearStablecoins: no rulesNFTs: no_rulesCBDC: none

Soken Services

Legal Opinion
Available | $3,000 - $12,000 | 10 days
Banking
Difficulty: Hard | Crypto-friendly banks: none listed
Min. Deposit
$10,000
Fiat Rails
SWIFT, Local ACH
Card Payments
Visa, Mastercard
Company Registration
$8,000 | 30 days | Sociedad Anónima (SA)

Sources

Central Bank of Belize
Reviewed: 2026-02-15likely

Frequently Asked Questions

Is crypto legal in Belize?
Cryptocurrency is currently classified as "Legal" in Belize. Belize has taken a permissive approach to crypto. The Central Bank of Belize has issued guidance but not banned crypto. The IFSC (International Financial Services Commission) regulates some digital asset activities.
What is the crypto tax rate in Belize?
In Belize, the personal capital gains tax on crypto is No capital gains tax in Belize, and the corporate tax rate is Business tax at 1.75% on gross turnover; no income tax. Belize has no income tax or capital gains tax, making it tax-favorable for crypto. Business tax is levied on gross turnover.
Do I need a crypto license in Belize?
No, Belize does not currently require a specific crypto license, though other financial regulations may apply.
Is crypto mining legal in Belize?
Yes, crypto mining is legal in Belize. Electricity costs approximately $0.18/kWh. Mining income is taxed at: Business tax at 1.75% on gross turnover; no income tax.
What are the AML/KYC requirements for crypto in Belize?
Yes, crypto businesses in Belize must comply with KYC (Know Your Customer) requirements. FATF compliance status: partially_compliant.