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Paraguay requires reporting using Bitcoin and cryptocurrencies
Paraguay requires reporting using Bitcoin and cryptocurrencies
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Crypto Prune > Regulation > Paraguay requires reporting using Bitcoin and cryptocurrencies
Regulation

Paraguay requires reporting using Bitcoin and cryptocurrencies

2 hours ago 4 Min Read

Paraguay is tightening its financial controls over Bitcoin (BTC) and cryptocurrencies through its National Department of Taxation and Revenue (DNIT) amid a transformation of its financial markets. The South American country is formalizing a new monitoring framework for activities with digital assets by issuing General Resolution No. 47/26 on March 11, 2026.

The document reveals that the authorities have imposed an obligation on platforms and administrators to report in detail each transaction made by users. countermeasure Aims to integrate Bitcoin and other digital assets into national collection infrastructure.

The resolution requires the submission of an affidavit containing exhaustive technical data, including the address of the wallet, the network used, and even hashes of each operation.

Although the administration has defended the measure as necessary to reduce opacity and monitor the expansion of economic activity, the sensitive data requirements have sparked initial debates about the scope of state surveillance and the right to economic privacy in a decentralized environment.

However, this measure is part of complying with the recommendations of the Financial Action Task Force (FATF), and starting in 2019, countries will Regulating crypto assets as part of the fight against money laundering and terrorist financing.

In its February 2025 and 2026 updates reported by CriptoNoticias, the FATF highlights the need for increased transparency in digital asset transactions, including detailed reporting and risk mitigation at service providers and non-custodial wallets. As a member of GAFILAT, Paraguay is therefore moving forward along these lines to strengthen its anti-money laundering systems and avoid increased international scrutiny.

This cross-sectional audit takes place during the country’s legal transition period under the influence of Law No. 7572/2025 on securities and product markets. It is important to distinguish that while the Securities and Supervisory Board (SIV) specifically supervises tokenized assets representing trust and property rights, the new DNIT regulations will implement tax oversight that covers all operations involving the use of decentralized cryptocurrencies as a medium of exchange.

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Crypto-assets ambitions and administrative burdens in Paraguay

Paraguay’s government aims to professionalize its capital markets, and capital market participation as a percentage of national GDP has jumped from 1% to 15% over the past decade. Securities Commissioner Rodrigo Ruiz said in November 2025 that “the first generation of enabling regulations will be completed in 2026, and innovations such as private funds and tokenization will advance.”

However, the comments inside are Bitcoin community raises questions The effectiveness of the legal framework will depend on whether bureaucratic burdens and fiscal oversight do not impede the adoption of the technologies that the standard seeks to promote.

Meanwhile, the Paraguayan government is also preparing to mine 30,000 confiscated machines for Bitcoin, with a particular focus on real asset tokenization (RWA) in the agricultural and real estate sectors. The company’s stated goal is to attract foreign investment and reduce intermediary costs through the use of smart contracts, which will now be subject to mandatory audits.

In order to strengthen the institutional transparency of this process, it is planned this year to complete the functional independence of the Paraguayan Stock Exchange (Cavapi) and separate the custody of assets from the trading functions of the stock market.

With this series of measures, Paraguay seeks to balance its ambition to become a competitive regional node with the need to establish tight fiscal controls. The success of this model lies in its ability to provide legal security to institutional investors without shifting the operations of individual users to channels that are not supervised by the state.

See also  SEC hosts Bitcoiner privacy terms

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