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Crypto Regulation in Honduras

Restricted

The CNBS and BCH have warned against crypto use. Crypto is not legal tender and financial institutions are discouraged from facilitating crypto transactions. The government has been cautious following El Salvador's Bitcoin experiment.

Region: Central AmericaCurrency: HNLRisk Score: 60/100

Tax Information

Capital Gains (Personal)
10% CGT
Capital Gains (Corporate)
25% corporate tax
VAT on Crypto
No
Staking Tax
No specific guidance
Airdrop Tax
No specific guidance
Mining Tax
No specific guidance
Summary
No crypto-specific tax guidance. General 10% CGT may apply.

Licensing & Registration

License Required
No
Regulator
CNBS / BCH (Comisión Nacional de Bancos y Seguros / Banco Central de Honduras)
Framework
No crypto framework; CNBS warnings
License Types
--
Estimated Cost (USD)
N/A
Timeline
N/A months
Ease of Licensing
N/A
Notes
No crypto licensing framework. CNBS has warned against crypto activities.

AML / KYC

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

Mining

Mining Legal
Yes
Status
Restricted
Electricity Cost ($/kWh)
$0.14
Renewable Energy
55%
Climate
Tropical
Infrastructure
Moderate
Tax on Mining Income
25% corporate tax

DeFi, Stablecoins & NFTs

DeFi: unclearStablecoins: no rulesNFTs: no_rulesCBDC: none

Soken Services

Legal Opinion
Available | $5,000 - $20,000 | 14 days
Banking
Difficulty: Very Hard | Crypto-friendly banks: none listed
Min. Deposit
$10,000
Fiat Rails
SWIFT, Local ACH
Card Payments
Visa, Mastercard

Sources

Frequently Asked Questions

Is crypto legal in Honduras?
Cryptocurrency is currently classified as "Restricted" in Honduras. The CNBS and BCH have warned against crypto use. Crypto is not legal tender and financial institutions are discouraged from facilitating crypto transactions. The government has been cautious following El Salvador's Bitcoin experiment.
What is the crypto tax rate in Honduras?
In Honduras, the personal capital gains tax on crypto is 10% CGT, and the corporate tax rate is 25% corporate tax. No crypto-specific tax guidance. General 10% CGT may apply.
Do I need a crypto license in Honduras?
No, Honduras does not currently require a specific crypto license, though other financial regulations may apply.
Is crypto mining legal in Honduras?
Yes, crypto mining is legal in Honduras. Electricity costs approximately $0.14/kWh. Mining income is taxed at: 25% corporate tax.
What are the AML/KYC requirements for crypto in Honduras?
Yes, crypto businesses in Honduras must comply with KYC (Know Your Customer) requirements. FATF compliance status: partially_compliant.