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Country overview

#114
Guyana

Country stats

Rating Points
90
This indicator describes the overall rating of a given jurisdiction on several parameters according to cryptocurrency operations - market volume, crypto regulation, business climate, taxation framework.
Crypto Penetration
0.88%
Estimated percentage of crypto users out of the country's total population based on public data.
Legal Entities
0
Number of crypto companies registered in the country based on regulator data if available or other types of public data.
Regulation Points
60
An overall assessment of the granularity of crypto regulation in a given country. A high score is also given to countries where cryptocurrency transactions are highly regulated.
Amount of crypto users
7 127
Total amount of crypto users out of the country's total population based on public data.
Taxation points
20
This figure, according to our analysts' calculations, indicates the overall level of tax burden for cryptocurrency transactions in a given country. The higher the indicator, the lower the burden.
Market volume points
0
A rough estimate of this jurisdiction's retail crypto market relative to the rest of the world. The higher the indicator, the higher the market potential.
Status of crypto
Legally allowed
General status of cryptocurrency regulation in this jurisdiction.
Crypto payments
No info
The legal status of cryptocurrency payments for goods and services in a given country based on information from regulators, public data and feedback from our community.
Security Level
Moderate danger
The overall level of security in a given country based on open data.
Crypto Salaries
No info
The legal status of cryptocurrency salaries to employers in a given country based on information from regulators, public data and feedback from our community.
Business Climate
No info
Overall assessment of the friendliness of this country for crypto-business. This indicator takes into account the cost of obtaining a license and the attitude towards crypto entities in the country.
Stablecoin Regulation
No info
This indicator is evaluating the regulation of stablecoins in a given country. Complex regulation means that it is possible to issue steiblcoins and obtain a license for this activity. Basic regulation means that the issuance of stablecoins is possible, but not all legal aspects are defined in the law. Standard regulation means that there is a legal practice of steylcoin circulation in a given country.
Bad Factors
No
This section describes the unfavorable economic factors for crypto-business in a given country. These are countries that are under sanctions or on the FATF grey list and other factors.
Types of licenses
No licenses exist
Good
Medium
Bad
intro

This is general info about crypto regulation in Guyana. The more precise overview will be published later. However, if you find any inaccuracy or have other feedback - please write us in telegram @ilya_ii or by e-mail - editor@cryptopenetration.com

Guyana (1) is a country on the northern coast of South America. Population is 820,000 people and its area is 215,000 km². 

Citizens (2) of many countries can come to Guyana on a tourist visa for up to 90 days. There is no digital nomad visa and no investment programs (3) in Guyana.

Security level
Crypto Payments

Cryptocurrency (7)  in Guyana is not a legal payment method and there is no regulation on crypto payments in the country.

Crypto Salaries

No regulation.

Legal

Guyana (7) has implemented crypto regulations in the form of standard AML Law for VASPs in 2022. However, we don't have information how this law works in practice. VASP AML requirements are published on FIU website (8). At the same time the government in 2024 has provided an initiative for mandatory declaration of virtual assets. Moreover, according to local media (9) this initiative also includes ban of virtual assets in the country until 2026. That's why their status is still not clear. 

Taxation

There is no special taxation for cryptocurrencies in Guyana (10).The general income tax rate in Guyana (11) is 40%, while corporate tax is 25% and corporate capital gains tax is 20%.

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