🇨🇱 Chile

Chile regulates crypto under Fintech Law 21,521 (Jan 2023). CMF registration deadline passed February 2025. CMF actively enforcing registration and issuing warnings about unregistered platforms. Open Finance System regulation effective July 2024.

Overview

StatusLegal
Risk Score30/100 (Moderate Risk)
Regionsouth america
CurrencyCLP

Tax

Capital Gains (Personal)Progressive income tax up to 40% on crypto gains (no separate CGT rate)
Capital Gains (Corporate)27% first category tax
VAT on CryptoNo
Staking TaxSubject to income tax
Airdrop TaxNo specific guidance

Chile taxes crypto gains under the general income tax framework. The SII (tax authority) has clarified that crypto disposals are taxable events. There is no preferential CGT rate; gains are added to regular income.

Licensing

RequiredYes
RegulatorCMF
FrameworkLey Fintech 21,521 (2023)
Easemedium
Cost$15,000 - $100,000

Financial service providers operating with crypto must register with CMF. Covers crowdfunding, alternative transaction systems, custody, order routing, intermediation.

DeFi

Status: Unclear

Fintech Law does not specifically address DeFi.

Stablecoins

Status: general_framework

Covered under the broad Fintech Law framework.

NFTs

Status: no_rules

No NFT-specific regulation.

Mining

LegalYes
Electricity$0.092/kWh
Renewable35%
Infrastructuregood

Chile has a legal mining sector with moderate electricity costs and a significant share of renewable energy. Infrastructure is good, supporting mining operations.

Geopolitics

Stabilitystable
SanctionsNo
Corruption Index67/100
Banking Accessmoderate

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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