This jurisdiction has evolving or restrictive regulations that require careful compliance. Additional licensing, reporting, or operational constraints may apply.
Belize Cryptocurrency Regulatory Overview
Belize allows cryptocurrency trading with evolving regulations.
Belize Blockchain Compliance Requirements
Cryptocurrency is legal in Belize but regulatory framework is still developing. AML/CFT requirements may apply.
Crypto Licensing Requirements in Belize
A moratorium on new licenses for virtual asset services is in effect until December 31, 2025, while the Financial Services Commission (FSC) develops a comprehensive regulatory framework. The FSC has enacted the Digital Asset Services Licensing Regulations, 2025, which will govern licensing requirements once the moratorium is lifted. Currently, no new licenses are being issued.
Cryptocurrency Tax Treatment in Belize
Belize operates a territorial tax system, meaning only income sourced within Belize is subject to income tax. There is no capital gains tax. Profits from cryptocurrency activities conducted on foreign-based platforms are generally considered foreign-sourced income and are therefore tax-exempt for Belizean residents.
Crypto Banking Access in Belize
Limited banking access.
Official Sources & Regulatory References
https://www.belizefsc.org.bz/, https://www.belizefsc.org.bz/wp-content/uploads/2025/03/12-03-2025-UNODC-training-opening-remarks_f.pdf, https://www.belizefsc.org.bz/money-laundering-and-terrorism-prevention-act/, https://www.centralamerica.com/news/virtual-asset-rules-in-belize/, https://www.taxesforexpats.com/country-guides/bz/us-tax-preparation-in-belize.html
AML/CFT requirements may be stringent or evolving. Enhanced due diligence may be required.
Enforcement actions may be unpredictable or strict. Monitor regulatory developments closely.
Disclaimer: This information is provided for general guidance only and should not be considered legal advice. Regulations change frequently. Always consult with qualified legal professionals in the relevant jurisdiction before making business decisions.