Chile has a clear regulatory framework for crypto under Ley Fintech 21,521 (2023) and NCG 502 (2024), with financial service providers required to register with the Comisión para el Mercado Financiero (CMF). The CMF actively supervises and issues warnings about unauthorized crypto entities.
| Status | Legal |
| Risk Score | 25/100 (Low Risk) |
| Region | south america |
| Currency | CLP |
| VAT on Crypto | No |
| Required | Yes |
| Regulator | CMF |
| Framework | Ley Fintech 21,521 |
| Ease | medium |
| Cost (USD) | $15,000 - $100,000 |
Crypto service providers must register with the CMF under the Ley Fintech framework. The process is formal but accessible.
CMF implementing Fintech Law. SII pursuing crypto tax compliance.
| Status | Research |
| Name | Chile CBDC |
| Issuing Authority | Central Bank of Chile |
| Model | retail |
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | Yes |
| FATF Status | compliant |
| FATF Body | FATF |
| Suspicious-Activity Reporting | Yes |
Status: regulated
DeFi activities fall under the regulatory scope of the Ley Fintech and CMF supervision, requiring compliance with financial regulations.
Status: regulated
Stablecoins are regulated under the Ley Fintech framework and subject to CMF oversight as financial instruments.
Status: no_rules
No NFT-specific regulation.
| Legal | Yes |
| Electricity Cost | $0.092/kWh |
| Renewable Energy | 35% |
| Infrastructure | good |
Mining is legal and benefits from moderate electricity costs and a growing renewable energy mix. Infrastructure is adequate for mining operations.
| Stability | stable |
| Sanctions | No |
| Corruption Index | 67/100 |
| Banking Access | open |
| Sanctions Program Active | No |
Risk Factors
Chile is politically stable with a strong regulatory environment and open banking sector. Key risks include natural disasters and occasional social protests.
Chile has a clear regulatory framework for crypto under Ley Fintech 21,521 (2023) and NCG 502 (2024), with financial service providers required to register with the Comisión para el Mercado Financiero (CMF). The CMF actively supervises and issues warnings about unauthorized crypto entities.
Chile is classified by FATF as: compliant.
Yes, licensing is required for VASPs.
KYC is mandatory for crypto businesses.
Soken combines Web3 security engineering and crypto-legal counsel — two specialised tracks, one team. Pick the side that matches your need.
VASP licensing, jurisdiction analysis, AML/KYC, legal opinions, company registration and banking access.
Explore Legal Services → IT & SecuritySmart-contract audits, penetration testing, Web3 development, AI/LLM security audits.
Explore IT Services →Last reviewed: 2026-09-05 · Data source: Soken Crypto Legal Map
← Back to Crypto Map