I found the structure that Chile has set up for cryptocurrencies quite interesting. Basically, the country classified digital assets as intangible assets and integrated everything into a well-defined regulatory framework, overseeing custody, brokerage, and related financial services.

What stands out is the tax clarity. Crypto transactions, swaps, mining, and staking are treated as general income. A flat corporate tax rate of 27% and progressive personal income tax. Cryptocurrencies themselves do not pay VAT, but platform services may be taxed. It’s quite different from the regulatory chaos seen in other countries.

The interesting part is that the Chilean system is managed collaboratively by several institutions: CMF, SII, UAF, and the Central Bank. Each with its role, but all integrated. This creates a predictable environment for those wanting to operate in the Chilean crypto market.

Compared to the rest of Latin America, Chile is well ahead. Many countries are still debating how to regulate, and Chile already has a mature and functional structure. This could attract more international participants to the local crypto market.

If you follow this type of regulatory movement, take a look at assets related to the Chilean ecosystem. Gate has a good selection for those looking to explore these opportunities.