---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "caribbean", "fatf", "legal"]
aliases: ["PR", "PRI"]
created: 2026-04-13
updated: 2025-09-01
compile_into: ["[[country--puerto-rico]]"]
sources:
  - name: "OCIF Puerto Rico"
    url: "https://www.ocif.pr.gov"
    type: "official"
---

# 🇵🇷 [[country--puerto-rico|Puerto Rico]] (PR) — Crypto Regulation

> 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

| Field | Value |
|-------|-------|
| Status | Legal |
| Risk Score | 30/100 (Moderate Risk) |
| Enforcement Level | High |
| Region | [[domain--caribbean|caribbean]] |
| Currency | [[entity--usd|USD]] |

## Tax

| Type | Rate |
|------|------|
| VAT on Crypto | No |

## Licensing

| Field | Value |
|-------|-------|
| Required | Yes |
| Regulator | [[entity--ocif|OCIF]] / SEC / FinCEN |
| Framework | Puerto Rico financial institutions licensing under OCIF and US federal securities laws |
| Ease | medium |
| Cost | $50,000 - $500,000 |
| Timeline | 6-18 months |

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

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | Yes |
| Travel Rule | Yes |
| [[concept--fatf|FATF]] Member | No |
| FATF Status | fsrb_only |

## DeFi

**Status:** unregulated

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

## Stablecoins

**Status:** general_framework

Stablecoins are regulated under general financial and securities laws applicable in Puerto Rico as a US territory.

## NFTs

**Status:** Unclear

US federal approach applies.

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.22/kWh |
| Renewable Energy | 10% |
| Climate | tropical |
| Infrastructure | good |

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

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | stable |
| Sanctions | No |
| Corruption Index | 45/100 |
| Ease of Business | easy |
| Internet Freedom | free |
| Banking Access | open |

## Enforcement

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

## CBDC Status: exploring

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-04-13.*

**Sources:**
- [OCIF Puerto Rico](https://www.ocif.pr.gov)