Cryptocurrency is restricted in Ecuador under the Monetary and Financial Code, with partial restrictions on crypto activities. The Central Bank of Ecuador regulates digital currency use and mining is limited.
| Status | Restricted |
| Risk Score | 55/100 (High Risk) |
| Region | south america |
| Currency | USD |
| Capital Gains (Personal) | No specific crypto guidance; general income tax up to 37% |
| Capital Gains (Corporate) | 25% corporate tax |
| VAT on Crypto | No |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |
No crypto-specific tax framework. Ecuador uses USD as official currency.
| Required | No |
| Regulator | BCE / SCVS |
| Framework | Monetary and Financial Code (partial crypto restrictions) |
| Ease | N/A |
| Cost | N/A |
Crypto as payment is restricted but holding and trading are not explicitly banned. The regulatory landscape is evolving.
Status: Unclear
No DeFi regulation.
Status: no_rules
No framework; country already uses USD.
Status: no_rules
No regulation.
| Legal | Yes |
| Electricity | $0.08/kWh |
| Renewable | 55% |
| Infrastructure | fair |
Mining is allowed but under restrictions per national regulations. Electricity cost is moderate with a significant share of renewables.
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 38/100 |
| Banking Access | moderate |
Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map
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