Category: Dominican Republic

The 2024 Landscape of Cryptocurrency Legislation in the Dominican Republic

In 2024, the Dominican Republic has marked a significant phase in the evolution of its cryptocurrency legislation, reflecting a strategic approach to the burgeoning world of digital finance. This year is characterized by the nation’s efforts to create a regulatory framework that balances the innovative potential of cryptocurrencies with...
Read More

Cryptocurrency Regulation in the Dominican Republic Prior to 2023

Legal Status of Cryptocurrencies As of the period leading up to 2023, the use and trade of cryptocurrencies were legal in the Dominican Republic. However, the Dominican government did not recognize cryptocurrencies as legal tender. This lack of recognition meant that cryptocurrencies were not backed by the government and...
Read More