Paraguay has introduced new reporting requirements for cryptocurrency activity as authorities attempt to bring digital asset operations into the country’s tax monitoring system. The National Directorate of Tax Revenue (DNIT) published General Resolution No. 47/26 on March 11, 2026, which establishes detailed disclosure obligations for cryptocurrency platforms and administrators.
The measure targets bitcoin and other digital assets that circulate within Paraguay’s financial ecosystem. Officials describe the initiative as a step toward integrating cryptocurrency transactions into the national tax oversight framework.
Under the resolution, entities that manage digital asset platforms must report extensive information about user transactions. The rule expands the scope of fiscal visibility in a sector that previously operated with limited reporting obligations.
Detailed data reporting becomes mandatory
The DNIT resolution requires platforms and administrators to submit sworn declarations that contain technical information about cryptocurrency activity conducted by users.
The reporting requirements include wallet addresses, blockchain networks used for each transaction, and the transaction hash associated with each operation. Authorities also require disclosure of the transaction date and time, the amount transferred, its value in United States dollars, and any fees paid.
Platforms must also include information about counterparties when transactions occur between users.
The reporting scope covers a wide range of digital asset activity. Authorities expect reports on purchases, sales, crypto-to-crypto trades, mining income, staking rewards, yield farming revenue, airdrops, lending income, payments made with cryptocurrencies, and transfers between personal wallets.
Local outlet CriptoNoticias indicates that the requirement applies to residents and entities whose annual cryptocurrency transactions exceed $5,000.
Officials from the DNIT explained the objective in an official statement.
"Proper identification and monitoring will strengthen oversight and compliance," the agency said.
The regulation does not introduce a new cryptocurrency tax. Instead, it establishes a reporting system that allows tax authorities to evaluate existing fiscal obligations.
Early debate emerges over privacy and data scope
The new rules triggered debate within Paraguay’s bitcoin community. Concerns were raised about the volume of sensitive data required under the regulation.
Members of the local community pointed to the obligation to report wallet addresses and transaction hashes as an example of the detailed information now required by authorities.
Joaquín Morinigo, a member of the Paraguayan bitcoin community, highlighted the reporting requirements in a post shared on X. The discussion centered on the amount of technical data that must now reach the tax authority whenever users perform digital asset transactions.
🇵🇾 Paraguay está entrando silenciosamente en una nueva fase de su ecosistema cripto. La Dirección Nacional de Ingresos Tributarios (DNIT) publicó la Resolución General N.º 47/2026, que establece la obligación de suministrar información sobre transacciones con criptoactivos al…
— Joaquin Morinigo 🇵🇾🏴☠️⚡️ (@criptoboi) March 11, 2026
The resolution places responsibility on platforms and service providers to collect and transmit the required information to the DNIT.
Authorities argue that the reporting system improves transparency in an expanding economic sector. The agency also states that stronger reporting helps detect undeclared income and strengthens tax compliance.
Regulation aligns with international financial standards
Paraguay’s new rule reflects international regulatory guidance on digital assets. The Financial Action Task Force introduced recommendations in 2019 that require countries to monitor virtual asset activity to combat money laundering and terrorist financing.
Updates from the organization in 2025 and February 2026 emphasized stronger transparency standards for cryptocurrency transactions and service providers.
Paraguay participates in the Latin American Financial Action Task Force network known as GAFILAT. The DNIT resolution aligns with the organization’s objective to strengthen anti-money laundering oversight across member states.
Authorities also seek to reduce external scrutiny of the country’s financial system by aligning with these global standards.
Regulatory changes arrive during financial market transition
The reporting rule appears during a broader transformation of Paraguay’s financial regulatory environment.
Law No. 7572/2025 on the Securities and Products Market introduced a new framework for financial instruments and tokenized assets. Under that law, the Superintendency of Securities supervises tokens that represent ownership rights or credit instruments.
The DNIT resolution has a different scope. Its authority extends to all cryptocurrency transactions, including decentralized digital assets that function as a medium of exchange.
This distinction means the securities regulator oversees tokenized financial products, while the tax authority focuses on fiscal transparency across the digital asset economy.
Government pursues broader digital asset strategy
Paraguay’s financial authorities have expressed interest in expanding digital asset activity within regulated frameworks.
Rodrigo Ruiz, superintendent of securities, outlined the government’s objectives in November 2025.
"During 2026 the first generation of enabling regulations will be completed and innovation will advance, such as private funds and tokenization," Ruiz said at the time.
The country has also explored initiatives related to bitcoin mining. Government authorities have prepared plans to use 30,000 confiscated mining machines to generate bitcoin under state supervision.
Officials also promote tokenization projects connected to real-world assets in sectors such as agriculture and real estate. Authorities believe these technologies can reduce intermediary costs and attract foreign investment.
Smart contracts used in these projects will undergo mandatory audits under the evolving regulatory framework.
Another institutional reform will separate custody operations from trading functions within Paraguay’s securities depository, known as Cavapy. The government expects this change to strengthen transparency within the capital market.
Over the past decade, Paraguay’s capital market has expanded rapidly. Official figures show the sector’s share of national GDP rose from 1 percent to 15 percent during that period.
The new cryptocurrency reporting rules reflect an attempt to balance technological innovation with fiscal oversight as the digital asset market continues to expand.
Roman Zaika
Disclaimer: All materials on this site are for informational purposes only. None of the material should be interpreted as investment advice. Please note that, despite the nature of much of the material created and hosted on this website, HODL FM operates as a media and informational platform, not a provider of financial advisory services. The opinions of authors and other contributors are their own and should not be taken as financial advice. If you require advice, HODL FM strongly recommends contacting a qualified industry professional.
