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Compare crypto adoption, regulation, taxes and market across 174 countries
On September 7, 2021, the Bitcoin Law went into effect, making Bitcoin legal tender alongside the US dollar. All businesses must accept Bitcoin. The government created the Chivo Wallet and distributed $30 in BTC to every citizen. In 2023, the capital gains tax on cryptocurrencies was eliminated to attract investors.
Tax Free
Venezuela has a unique relationship with cryptocurrencies. The government created the Petro (state cryptocurrency backed by oil) in 2018. Cryptocurrencies are legal and exchange usage is permitted. SUNACRIP regulates crypto activities. Cryptocurrency mining was regulated and later restricted in certain areas. In 2023, the government relaxed some restrictions.
IGTF + Income Tax
Rate: 0%
Deductible: Not applicable. El Salvador does not tax cryptocurrency capital gains.
Deadline: Not applicable
Rate: 0%
Deductible: IGTF (Tax on Large Financial Transactions) of 2-3% applies to certain crypto operations. Losses are not deductible.
Deadline: March (annual income tax)
Crypto users and population percentage
Legal status and regulatory framework
Tax rates and deductions
Available platforms by country
Peer-to-peer trading volume
Position in global adoption index
We compare adoption, regulation, P2P volume, taxes, and available exchanges for each country using up-to-date data.
We use data from Chainalysis, CoinGecko, local regulators, and crypto industry reports.
Tax data is updated periodically, but always consult a local accountant for financial decisions.
Yes, you can compare any of the 174 countries in our database using the country selectors.
Legal = crypto permitted. Unregulated = no clear legal framework. Restricted = with limitations. Banned = crypto is illegal.
Based on Chainalysis Global Crypto Adoption Index measuring P2P volume, users, and on-chain activity.
Explore the full guide for each country