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Crypto Regulation in Chile

Legal

Chile enacted the Fintech Law (Ley 21,521) in January 2023, which includes provisions for crypto regulation. The CMF oversees crypto service providers. Chile has a growing crypto ecosystem.

Region: South AmericaCurrency: CLPRisk Score: 30/100

Tax Information

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 Crypto
No
Staking Tax
Subject to income tax
Airdrop Tax
No specific guidance
Mining Tax
Subject to income tax
Summary
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 & Registration

License Required
Yes
Regulator
CMF (Comisión para el Mercado Financiero)
Framework
Ley Fintech 21,521 (2023)
License Types
Fintech Service Provider Registration, Crypto Intermediary License
Estimated Cost (USD)
$15,000 - $100,000
Timeline
3-12 months
Ease of Licensing
Medium
Notes
Chile's Fintech Law provides a framework for crypto intermediaries. The CMF is implementing secondary regulations. Chile has strong institutional credibility and rule of law.

AML / KYC

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

Mining

Mining Legal
Yes
Status
Legal
Electricity Cost ($/kWh)
$0.1
Renewable Energy
40%
Climate
Temperate
Infrastructure
Good
Tax on Mining Income
27% first category tax

DeFi, Stablecoins & NFTs

DeFi: unclearStablecoins: general frameworkNFTs: no_rulesCBDC: exploring

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 de Responsabilidad Limitada (SRL)
Licensing Support
Available | $25,000 - $100,000

Sources

CMF Chile
Reviewed: 2026-03-01likely

Frequently Asked Questions

Is crypto legal in Chile?
Cryptocurrency is currently classified as "Legal" in Chile. Chile enacted the Fintech Law (Ley 21,521) in January 2023, which includes provisions for crypto regulation. The CMF oversees crypto service providers. Chile has a growing crypto ecosystem.
What is the crypto tax rate in Chile?
In Chile, the personal capital gains tax on crypto is Progressive income tax up to 40% on crypto gains (no separate CGT rate), and the corporate tax rate is 27% first category tax. 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.
Do I need a crypto license in Chile?
Yes, a crypto license is required in Chile. The regulator is Comisión para el Mercado Financiero under Ley Fintech 21,521 (2023). Estimated licensing cost: $15,000 - $100,000.
Is crypto mining legal in Chile?
Yes, crypto mining is legal in Chile. Electricity costs approximately $0.1/kWh. Mining income is taxed at: 27% first category tax.
What are the AML/KYC requirements for crypto in Chile?
Yes, crypto businesses in Chile must comply with KYC (Know Your Customer) requirements. FATF compliance status: compliant.