Uruguay put virtual assets inside its ordinary financial-supervision perimeter. Ley N° 20.345, titled 'REGULACION DE LOS ACTIVOS VIRTUALES', was promulgated on 19 September 2024 and published on 27 September 2024; it works by amending existing statutes.
Its article 1 rewrote article 37 of the Banco Central del Uruguay's charter (Ley N° 16.696) so that the list of entities making up the financial system - the entities the BCU regulates and supervises through its Superintendencia de Servicios Financieros - now includes issuers of stable virtual assets and providers of services on virtual assets. That article was rewritten again, keeping both categories, by article 693 of Ley N° 20.446 of 16 December 2025, so the current text differs from the 2024 original.
The contract itself does not change by geography: a DRAM perpetual settles in USDC everywhere.
11 venues open DRAM Price Index perps to traders in Uruguay.
ApeX
Aster
Hyperliquid
Lighter
Ondo
Ostium
Pacifica
Paradex
VestFour steps from sign-up to an open position.
Individual cryptocurrency gains in Uruguay are taxed at 12% under the IRPF personal income tax; businesses pay 25% IRAE.
Trading DRAM Price Index from Uruguay: legal.
From Uruguay, you can fund a DRAM Price Index position using Bank Transfer, Credit/Debit/Prepaid Card and Crypto Deposit.
13 platforms serve Uruguay for DRAM Price Index trading, among them Aevo, ApeX and Aster.
On Canborsa, traders in Uruguay can use up to 20x leverage on DRAM Price Index.
On Canborsa, DRAM Price Index trading from Uruguay costs 0.07% per side.