Paraguay Adopts Stricter Crypto Oversight, Mandates Detailed Transaction on Bitcoin Reporting

Paraguay’s National Directorate of Tax Revenue (DNIT) has issued General Resolution No. 47/26, imposing comprehensive reporting requirements for Bitcoin and other crypto activities. The rule mandates residents and entities to disclose transactions exceeding $5,000 per year, including details like wallet addresses, transaction hashes, amounts, fees, and counterparty information. This initiative aims to integrate cryptocurrencies into the national tax system and aligns with recommendations from the Financial Action Task Force (FATF) to prevent money laundering and terrorism financing.

Paraguay is also formalizing oversight of tokenized assets through Law No. 7572/2025 and developing tokenization projects in agribusiness and real estate. The country is working to professionalize its capital market, which has grown from 1% to 15% of national GDP over the last decade. These changes follow regional trends, with Brazil and Argentina also introducing similar reporting rules.

Implementation of the DNIT resolution will continue through 2026, with future phases focusing on taxation and compliance verification. Exchanges operating in Paraguay are already updating their policies to comply with the new regulations, marking the first phase of Paraguay’s comprehensive cryptocurrency oversight.

(Source：Bitcoin Magazine)