Paraguay’s tax authority mandates detailed disclosure of addresses, hashes, and transaction data for cryptocurrency operations exceeding annual threshold.
Paraguay‘s National Directorate of Tax Revenue (DNIT) has issued General Resolution No. 47/26, introducing comprehensive reporting obligations for bitcoin and other cryptocurrency activities. The measure requires residents and entities to declare all transactions exceeding $5,000 annually, with immediate effect from the resolution’s adoption.
Platforms and administrators subject to the regulation must transmit detailed data including wallet addresses, blockchain networks, and transaction hashes. Also required are the date and time of each transaction, the amount and its USD equivalent, fees paid, and counterparty information. The scope of application is broad, covering purchases, sales, crypto-to-crypto exchanges, mining, staking, yield farming, airdrops, lending income, payments, and transfers between personal wallets.
The DNIT stated: “Proper identification and monitoring will strengthen oversight and compliance.” The resolution introduces no new taxes, but increases the transparency available to tax authorities. The measure aligns with recommendations from the Financial Action Task Force (FATF), which since 2019 has urged countries to apply stringent reporting requirements on digital assets to prevent money laundering and terrorism financing. Paraguay, as a GAFILAT member, has incorporated these guidelines to improve anti-money laundering efforts and reduce international scrutiny.
The resolution is part of a broader regulatory and financial transition in the country. Law No. 7572/2025 on the Securities and Commodities Market formalizes oversight of tokenized assets, while the Securities Superintendency (SIV) regulates tokens representing ownership or credit rights. The DNIT’s jurisdiction, however, covers all cryptocurrency transactions, including decentralized digital assets used as a means of exchange.
The government is also considering using seized mining equipment to mine bitcoin and developing tokenization projects in the agribusiness and real estate sectors. Among the stated objectives are attracting foreign investment, reducing intermediation costs, and introducing mandatory audits for smart contracts.
