🇬🇾 Guyana

Cryptocurrency operates in a restrictive grey area in Guyana. The AML/CFT Amendment Act 2023 designated virtual assets and VASPs for AML/CFT supervision. No licensed crypto exchanges or VASPs exist. The government has stated it is not currently regulating crypto, and the Bank of Guyana has issued public warnings on crypto risks. A temporary VASP ban proposed in 2023 may remain in effect through 2026. Personal crypto use is not explicitly banned but VASPs cannot legally operate.

Overview

StatusRestricted
Risk Score55/100 (High Risk)
Regionsouth america
CurrencyGYD

Tax Information

Capital Gains (Personal)No specific guidance
Capital Gains (Corporate)25%-40% corporate tax
VAT on CryptoNo
Staking TaxNo specific guidance
Airdrop TaxNo specific guidance

No crypto-specific tax guidance.

Licensing & Registration

RequiredNo
RegulatorBOG
FrameworkNo crypto framework

No crypto licensing framework.

Enforcement Activity

Level: None

No known enforcement actions.

AML / KYC

KYC RequiredYes
Travel RuleNo
FATF MemberNo
FATF Statuspartially_compliant
FATF BodyCFATF
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: Unclear

No regulation.

Stablecoins

Status: no_rules

No framework.

NFTs

Status: no_rules

No regulation.

Mining

LegalYes
Electricity Cost$0.12/kWh
Renewable Energy40%
Infrastructurefair

Electricity cost is moderate with a significant share of renewables. Infrastructure is developing but not advanced for large scale mining.

Geopolitical Risk

Stabilitymoderate
SanctionsNo
Corruption Index38/100
Banking Accessmoderate

Risk Factors

Guyana has moderate political stability with no major sanctions. Corruption remains a challenge and infrastructure is developing, impacting crypto business ease.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Guyana?

Cryptocurrency operates in a restrictive grey area in Guyana. The AML/CFT Amendment Act 2023 designated virtual assets and VASPs for AML/CFT supervision. No licensed crypto exchanges or VASPs exist. The government has stated it is not currently regulating crypto, and the Bank of Guyana has issued public warnings on crypto risks. A temporary VASP ban proposed in 2023 may remain in effect through 2026. Personal crypto use is not explicitly banned but VASPs cannot legally operate.

What is the FATF status of Guyana?

Guyana is classified by FATF as: partially_compliant.

What is the AML/KYC regime in Guyana?

KYC is mandatory for crypto businesses.

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Last reviewed: 2026-06-01 · Data source: Soken Crypto Legal Map

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