---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "south_america", "cfatf", "restricted"]
aliases: ["GY", "GUY"]
created: 2026-06-01
updated: 2025-01-01
compile_into: ["[[country--guyana]]"]
sources:
  - name: "Bank of Guyana"
    url: "https://bankofguyana.org.gy"
    type: "official"
---

# 🇬🇾 [[country--guyana|Guyana]] (GY) — Crypto Regulation

> 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

| Field | Value |
|-------|-------|
| Status | Restricted |
| Risk Score | 55/100 (High Risk) |
| Enforcement Level | None |
| Region | [[domain--south-america|south america]] |
| Currency | [[entity--gyd|GYD]] |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | No specific guidance |
| Capital Gains (Corporate) | 25%-40% corporate tax |
| VAT on Crypto | No |
| Mining Tax | No specific guidance |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |

No crypto-specific tax guidance.

## Licensing

| Field | Value |
|-------|-------|
| Required | No |
| Regulator | [[entity--bog|BOG]] |
| Framework | No crypto framework |
| Ease | N/A |
| Cost | N/A |
| Timeline | N/A months |

No crypto licensing framework.

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | Yes |
| Travel Rule | No |
| FATF Member | No |
| FATF Status | partially_compliant |

## DeFi

**Status:** Unclear

No regulation.

## Stablecoins

**Status:** no_rules

No framework.

## NFTs

**Status:** no_rules

No regulation.

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.12/kWh |
| Renewable Energy | 40% |
| Climate | tropical |
| Infrastructure | fair |

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

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 38/100 |
| Ease of Business | moderate |
| Internet Freedom | partly_free |
| Banking Access | moderate |

## Enforcement

No known enforcement actions.

## CBDC Status: none

## FAQ

### 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.

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-06-01.*

**Sources:**
- [Bank of Guyana](https://bankofguyana.org.gy)