🇨🇱 Chile

Chile regulates crypto under Fintech Law 21,521 (Jan 2023). CMF registration deadline passed February 2025. CMF actively enforcing registration and issuing warnings about unregistered platforms. Open Finance System regulation effective July 2024.

Overview

Status	Legal
Risk Score	25/100 (Low Risk)
Region	south america
Currency	CLP

Tax Information

Capital Gains (Personal)	Progressive income tax up to 40% on crypto gains (no separate CGT rate)
Capital Gains (Corporate)	27% first category tax
VAT on Crypto	No
Staking Tax	Subject to income tax
Airdrop Tax	No specific guidance

Chile taxes crypto gains under the general income tax framework. The SII (tax authority) has clarified that crypto disposals are taxable events. There is no preferential CGT rate; gains are added to regular income.

Licensing & Registration

Required	Yes
Regulator	CMF
Framework	Ley Fintech 21,521 (2023) + NCG 502 (2024)
Ease	medium
Cost (USD)	$15,000 - $100,000

Financial service providers operating with crypto must register with CMF. Covers crowdfunding, alternative transaction systems, custody, order routing, intermediation.

Enforcement Activity

Level: Moderate

CMF implementing Fintech Law. SII pursuing crypto tax compliance.

DeFi, Stablecoins & NFTs

Status: Unclear

Fintech Law does not specifically address DeFi.

Stablecoins

Status: general_framework

Covered under the broad Fintech Law framework.

NFTs

Status: no_rules

No NFT-specific regulation.

Mining

Legal	Yes
Electricity Cost	$0.092/kWh
Renewable Energy	35%
Infrastructure	good

Chile has a legal mining sector with moderate electricity costs and a significant share of renewable energy. Infrastructure is good, supporting mining operations.