🇳🇮 Nicaragua

Nicaragua has an active VASP licensing regime under BCN (Banco Central de Nicaragua). Resolution CDMF-XIII-2-25 (April 23, 2025) and Administrative Resolution GG-08-MAYO-2025-LASMF-DO (May 23, 2025) replaced the 2022 framework. Virtual assets are not legal tender, but exchange, custody, transfer, and related services are permitted for BCN-licensed PSAVs. The BCN supervises operational and AML compliance; the UAF oversees AML/CFT for VASPs.

Overview

StatusLegal
Risk Score35/100 (Moderate Risk)
Regioncentral america
CurrencyNIO

Tax Information

Capital Gains (Personal)No specific guidance
Capital Gains (Corporate)30% corporate tax
VAT on CryptoNo
Staking TaxNo specific guidance
Airdrop TaxNo specific guidance

No crypto-specific tax guidance.

Licensing & Registration

RequiredYes
RegulatorBCN
FrameworkRegulation for Financial Technology Providers of Payment Services and Virtual Asset Service Providers (Resolution CDMF-XIII-2-25, April 2025; implementing rules GG-08-MAYO-2025-LASMF-DO, May 2025)

No crypto licensing framework.

Enforcement Activity

Level: Low

BCN warnings issued.

AML / KYC

KYC RequiredYes
Travel RuleNo
FATF MemberNo
FATF Statuspartially_compliant
FATF BodyGAFILAT
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$0.15/kWh
Renewable Energy50%
Infrastructurefair

Mining is legal but restricted due to regulatory uncertainty and infrastructure limitations. Electricity cost is relatively high. Renewable energy is significant due to hydro and geothermal sources.

Geopolitical Risk

Stabilitystable
SanctionsYes
Corruption Index28/100
Banking Accessrestricted

Risk Factors

Nicaragua has moderate political stability with ongoing governance challenges and corruption issues. It is not under major international sanctions but has restricted banking access for crypto businesses and faces capital controls.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Nicaragua?

Nicaragua has an active VASP licensing regime under BCN (Banco Central de Nicaragua). Resolution CDMF-XIII-2-25 (April 23, 2025) and Administrative Resolution GG-08-MAYO-2025-LASMF-DO (May 23, 2025) replaced the 2022 framework. Virtual assets are not legal tender, but exchange, custody, transfer, and related services are permitted for BCN-licensed PSAVs. The BCN supervises operational and AML compliance; the UAF oversees AML/CFT for VASPs.

What is the FATF status of Nicaragua?

Nicaragua is classified by FATF as: partially_compliant.

Are VASPs licensed in Nicaragua?

Yes, licensing is required for VASPs.

What is the AML/KYC regime in Nicaragua?

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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