🇵🇷 Puerto Rico

Puerto Rico regulates cryptocurrency under the supervision of the Oficina del Comisionado de Instituciones Financieras (OCIF), which oversees financial institutions and licensing. The jurisdiction follows US federal securities laws and has a clear licensing framework for financial services including crypto-related activities.

Overview

StatusLegal
Risk Score25/100 (Low Risk)
Regioncaribbean
CurrencyUSD

Tax Information

Capital Gains (Personal)0% for qualifying Act 60 bona fide residents on gains from assets acquired after residency establishment; standard US federal rates (0%, 15%, or 20% depending on income bracket) apply to pre-residency gains and to non-Act-60 residents
Capital Gains (Corporate)4% preferential corporate tax rate on Puerto Rico-sourced income for qualifying Act 60 entities; standard US federal corporate tax rate (21%) applies to non-qualifying entities
VAT on CryptoNo

Licensing & Registration

RequiredYes
RegulatorOCIF / SEC / FinCEN
FrameworkAct 273-2012 (International Financial Center Regulatory Act) as amended by Acts 44/45-2024; Act 136-2010 (MSB licensing); Act 60-2019 (tax incentives); Regulation 9680 (August 2025); US federal: Bank Secrecy Act, FinCEN MSB rules, SEC securities laws, GENIUS Act (July 2025)
Easemedium
Cost (USD)$50,000 - $500,000

Licensing is managed by OCIF with detailed application and renewal processes for various financial services including intermediaries and money transmitters.

Enforcement Activity

Level: High

US federal enforcement applies. IRS has scrutinized Act 60 claimants.

DeFi, Stablecoins & NFTs

Status: unregulated

No explicit regulation for DeFi; activities fall under general financial and securities laws.

Stablecoins

Status: Unknown

NFTs

Status: Unclear

US federal approach applies.

Mining

LegalYes
Electricity Cost$0.22/kWh
Renewable Energy10%
Infrastructuregood

Mining is legal with moderate electricity costs and limited renewable energy share. Infrastructure is adequate for mining operations.

Geopolitical Risk

Sanctions

Sources

Frequently Asked Questions

Is cryptocurrency legal in Puerto Rico?

Puerto Rico regulates cryptocurrency under the supervision of the Oficina del Comisionado de Instituciones Financieras (OCIF), which oversees financial institutions and licensing. The jurisdiction follows US federal securities laws and has a clear licensing framework for financial services including crypto-related activities.

Are VASPs licensed in Puerto Rico?

Yes, licensing is required for VASPs.

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

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