There is no specific legislation in Chile on these assets, or on their issuers or intermediaries, except regarding their taxation.
A few of the country’s public agencies however, made statements on them. Now for Chile’s financial institution crypto currencies can't be considered “currencies” within the legal meaning of the term as a result of their high volatility and therefore the absence of any sovereign issuer supporting them Along an equivalent lines, the Financial Market Commission has stated a variety of times that under the legislation because it stands crypto currencies can't be considered “securities”.
After multiple drafts, the IRS has finalized its Form 1040, which puts a crucial crypto tax question front and center.
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