Key Highlights
- National Directorate of Tax Revenue introduces crypto reporting rules under Resolution No. 47/26.
- Transactions involving Bitcoin and other digital assets above $5,000 must be disclosed.
- The rules align with transparency standards promoted by the Financial Action Task Force.
Paraguay’s National Directorate of Tax Revenue (DNIT) has issued General Resolution No. 47/26, introducing detailed reporting rules for cryptocurrency activity.
According to a local report, the regulation requires individuals and entities to disclose digital asset transactions exceeding $5,000 per year, covering activity involving Bitcoin and other cryptocurrencies.
Authorities say the measure is designed to improve oversight of crypto-related activity and bring digital assets more clearly within the country’s tax monitoring system.
Platforms required to report transactions
Under the new rules, cryptocurrency platforms and service providers must submit detailed information about transactions conducted by users.
Reported data will include wallet addresses, blockchain networks, and transaction hashes, along with the date and time of each transfer, the amount involved, its U.S. dollar value, and associated fees. Moreover, information about counterparties involved in transactions may also be required.
Range of crypto activity covered
The reporting requirements extend beyond the simple buying and selling of cryptocurrencies. The regulation also applies to crypto-to-crypto trading, mining rewards, staking income, yield farming, airdrops, lending returns, payments made with digital assets, and transfers between personal wallets.
Officials said the measure does not introduce new taxes but aims to improve transparency around digital asset activity.
Aligning with international standards
The reporting framework reflects guidelines promoted by the Financial Action Task Force (FATF), which has encouraged countries to implement stronger monitoring of virtual asset transactions to address money laundering and other financial risks.
Paraguay participates in the FATF regional body GAFILAT, which promotes similar standards across Latin America.
Broader financial reforms
The reporting rules arrive alongside broader regulatory changes affecting digital assets and financial markets in Paraguay. A separate law, Law No. 7572/2025, has introduced oversight of tokenized securities and digital financial products under the country’s securities regulator.
Meanwhile, the DNIT’s authority extends to the tax reporting of cryptocurrency transactions, including decentralized assets used as a medium of exchange.
What it means
The new reporting requirements mark one of Paraguay’s significant steps toward formal oversight of cryptocurrencies.
By asking for detailed disclosures from users and platforms, the government is trying to integrate digital assets into its existing tax and compliance framework while aligning with international anti-money laundering standards.
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