MERCOSUR has no unified crypto regulatory framework. Brazil enacted federal crypto legislation (Law 14478/2022). Argentina, Paraguay, Uruguay, and Bolivia each regulate independently with divergent approaches. See member states.
| Status | varies |
| Risk Score | 40/100 (Moderate Risk) |
| Region | supranational |
| Currency | USD |
| Capital Gains (Personal) | No specific guidance |
| Capital Gains (Corporate) | No specific guidance |
| VAT on Crypto | No |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |
No crypto-specific tax guidance available.
| Required | No |
| Framework | No unified MERCOSUR crypto framework. Member states: Brazil: Virtual Assets Law 14478/2022 + BCB Resolutions 519-521/2025 (SPSAV framework); Argentina: Law 27,739 (2024) + CNV RG 1058 (2025) PSAV/VASP regime; Paraguay: Law 7572/2025 (Securities/tokens) + SEPRELAD VASP oversight. |
Enforcement focused on unlicensed operators and consumer protection
| KYC Required | No |
| Travel Rule | No |
| FATF Member | No |
| FATF Status | not_applicable |
| FATF Body | GAFILAT (Financial Action Task Force of Latin America) |
| Suspicious-Activity Reporting | No |
Status: Unclear
No specific DeFi regulation
Status: varies
No MERCOSUR-level stablecoin framework. Brazil enacted restrictive stablecoin rules under BCB Resolution 520/2025: algorithmic stablecoins prohibited; fiat-referenced stablecoins permitted only with full backing in fiat or government securities and audited reserves. BCB Resolution 561 (April 2026, effective October 2026) bans stablecoin use in regulated eFX cross-border payment settlement. Argentina: no dedicated stablecoin framework under CNV regime as of mid-2026. Paraguay/Uruguay: no stablecoin-specific rules.
Status: no_rules
No specific NFT regulation
| Legal | Yes |
| Electricity Cost | $0.15/kWh |
| Renewable Energy | 20% |
| Infrastructure | fair |
Mining is legal across MERCOSUR member states with moderate electricity costs and a renewable energy share of 20%. Infrastructure quality varies but is generally fair.
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 45/100 |
| Banking Access | moderate |
Risk Factors
MERCOSUR countries have moderate political stability and face some economic and regulatory risks. No major international sanctions apply at the supranational level.
MERCOSUR has no unified crypto regulatory framework. Brazil enacted federal crypto legislation (Law 14478/2022). Argentina, Paraguay, Uruguay, and Bolivia each regulate independently with divergent approaches. See member states.
MERCOSUR is classified by FATF as: not_applicable.
KYC is not universally mandated.
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Explore IT Services →Last reviewed: 2026-06-01 · Data source: Soken Crypto Legal Map
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