El Salvador
Region: latin-americalegal
The first country in the world to adopt Bitcoin as legal tender in 2021. Offers legal support, geothermal-powered mining initiatives, and tax exemptions on capital gains and income tax for foreign investors on bitcoin profits.
Regulatory Framework
Trading & ownership
legal
Payments & Commerce
legal
Mining Operations
legal
Exchange Licensing & AML/KYC
required KYC: mandatory. AML: strict
Taxation
Capital Gains Tax
no_capital_gains_tax_on_bitcoin
Income Tax (Staking/Mining)
varies
VAT & Sales Tax
varies