
Chile's 2023 Fintech Law brought crypto exchanges under the CMF regulator, giving the market a clear legal footing. Profits are taxed as ordinary income.
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Crypto is legal in Chile and now has a clear regulatory home. The 2023 Fintech Law (Ley Fintec) brought financial technology firms, including crypto exchanges, under the supervision of the Financial Market Commission (CMF), setting registration and conduct rules for the sector. Local platforms such as Buda and CryptoMARKET operate alongside global exchanges.
Funding is done mainly through Chilean peso bank transfers, with P2P also available. Chile has no separate capital gains regime for crypto, so profits are declared and taxed as ordinary income, and disposals should be recorded for your annual return. The Fintech Law has improved banking access for exchanges, smoothing the path between a bank account and a trading account.
Yes. Crypto is legal, and the 2023 Fintech Law brought exchanges under the CMF regulator. Local platforms like Buda operate alongside global exchanges with clearer banking access.
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