🇵🇷 Puerto Rico

Puerto Rico regulates cryptocurrency under the supervision of the Oficina del Comisionado de Instituciones Financieras (OCIF), which oversees financial institutions and licensing. The jurisdiction follows US federal securities laws and has a clear licensing framework for financial services including crypto-related activities.

Overview

StatusLegal
Risk Score30/100 (Moderate Risk)
Regioncaribbean
CurrencyUSD

Tax

VAT on CryptoNo

Licensing

RequiredYes
RegulatorOCIF / SEC / FinCEN
FrameworkPuerto Rico financial institutions licensing under OCIF and US federal securities laws
Easemedium
Cost$50,000 - $500,000

Licensing is managed by OCIF with detailed application and renewal processes for various financial services including intermediaries and money transmitters.

DeFi

Status: unregulated

No explicit regulation for DeFi; activities fall under general financial and securities laws.

Stablecoins

Status: general_framework

Stablecoins are regulated under general financial and securities laws applicable in Puerto Rico as a US territory.

NFTs

Status: Unclear

US federal approach applies.

Mining

LegalYes
Electricity$0.22/kWh
Renewable10%
Infrastructuregood

Mining is legal with moderate electricity costs and limited renewable energy share. Infrastructure is adequate for mining operations.

Geopolitics

Stabilitystable
SanctionsNo
Corruption Index45/100
Banking Accessopen

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

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