Short version, as of August 2026: Paraguay has no crypto-specific tax law. Cryptocurrency falls under the general framework, and that framework is territorial — gains and income with a foreign source sit outside the Paraguayan tax base, while Paraguay-source activity is taxed under the normal regimes: IRE at 10% for companies, and for individuals the personal income tax (IRP) — a flat 8% on capital income, 8/9/10% progressive on personal-services income above the non-taxable floor.

Two things changed recently. In late 2024 the tax authority, DNIT, published a written ruling on how crypto trades fit those existing taxes, and in March 2026 it issued a reporting rule (General Resolution 47/2026): residents who move more than roughly US$5,000 a year in crypto file an annual informative declaration, starting in 2027 for the 2026 year. That is information, not a new tax. The question that matters most to a foreigner — whether a resident’s gains on coins bought and sold abroad are “Paraguay-source” — remains unsettled. This is information, not tax advice; the unsettled parts deserve qualified advice for your situation.

How Paraguay got here: one vetoed bill and a patchwork

In 2022 Congress passed a bill that would have recognized crypto mining as an industrial activity, given miners an electricity framework with ANDE, and put crypto service businesses under SEPRELAD’s watch. The president vetoed it on 29 August 2022 (Decree 7692), on ANDE’s advice that mining is electricity-intensive and employs few people. The Senate voted to override in September; the Chamber of Deputies accepted the veto on 5 December 2022 and the bill was archived. A 2024 proposal in the opposite direction — suspending mining for 180 days — stalled in the Senate. As of mid-2026 there is still no comprehensive crypto law.

What exists instead is a patchwork from different agencies:

The central bank (BCP) said in December 2021, and again in March 2025, that cryptocurrencies are not legal tender, carry no state backing, and are neither issued nor authorized by it.
SEPRELAD, the financial-intelligence secretariat, has since 2021 applied its rules to businesses that exchange, transfer, or custody crypto for other people (Resolutions 08/2021 and 314/2021). That burden falls on those businesses, not on someone holding their own coins.
ANDE prices mining separately: a 2022 decree (7824/2022) let it create a special “intensive consumption” tariff group for crypto mining, blockchain, and data-processing loads, with a tariff set in dollars, adjusted upward again in mid-2024.
Law 7300/2024, promulgated in July 2024, raised the maximum penalty for electricity theft to ten years and provides for confiscation of the equipment involved. It was written with illegal mining farms in mind.
Law 7572/2025, the securities-market law in force since late 2025, recognizes securities issued, registered, or transferred on distributed-ledger technology. That covers tokenized securities under the Superintendencia de Valores — not the Bitcoin or Monero in your wallet.

None of that is a tax rule.

The general framework, and why it’s territorial

Paraguay’s tax code (Law 6380/2019) taxes Paraguay-source income: income from activities carried out in Paraguay, from assets located in Paraguay, or from rights economically used in Paraguay. Foreign-source income is not exempted as a favor; it is outside the base by design. We walk through the mechanics in our explainer on Paraguay’s territorial tax system; the anchors are the activity, the asset, and the payer — not where you sit when money lands.

Applied to crypto, that gives three regimes:

Companies (IRE, 10%). A Paraguayan company that trades or holds crypto pays IRE on its net gains. DNIT has said so in writing.
Individuals, capital income (IRP, 8% flat). Gains from assets and rights are taxed at 8% when they are Paraguay-source, and the law explicitly includes “realized positive variations” in the value of your assets — realized, as the timing rule ties financial-instrument income to payment, sale, or maturity.
Individuals, personal services (IRP, 8/9/10%). If crypto is what you get paid in for work, it is income from the work: Paraguay-source if the service is performed in Paraguay, with the non-taxable floor still applying.

DNIT’s ruling No. 582, published in late 2024 in answer to a Paraguayan company, is the only written guidance so far. DNIT characterized a cryptocurrency as a valor privado — a private security — rather than money or a financial asset. A company’s gains from holding or selling crypto are IRE income at 10%. Selling or swapping the coin itself is exempt from IVA, as selling foreign currency or securities is. And paying for goods or services with crypto is a barter — a double sale — so the goods-or-services side carries IVA exactly as a cash purchase would, and an exchange’s commission carries IVA at the standard 10%. The ruling is on DNIT’s site, in Spanish. It binds DNIT only on that taxpayer’s facts, and it says nothing about individuals or foreign platforms.

The source question, honestly

Here is the part the hype pages skip. Where is a crypto gain sourced? A coin has no issuer, no location, and no payer. The law’s anchors were written for land, shares, and services, and leave room for two readings.

Reading one: you bought the coins abroad, they sit in a foreign exchange account or in self-custody, and you sell to a foreign counterparty for dollars that land abroad. Asset and activity are outside Paraguay; the gain is foreign-source and outside IRP. Paraguay’s tax authority has applied the location test literally before — a published ruling confirmed that a resident’s gain on selling real estate situated abroad is outside IRP entirely — and many people assume the same logic carries over to coins.

Reading two: you are a resident sitting in Villa Morra clicking “sell”. The activity is carried out in Paraguay, so the gain is Paraguay-source and 8% applies.

DNIT has not published an answer for individuals, and the 2026 signals point toward more visibility, not less. In public remarks in August 2026, DNIT’s director tied the taxable moment to converting into guaraníes or dollars — then, answering another question, said a resident may have to pay on the year’s increase in value even without converting. The local press listed the open questions: realized versus unrealized gains, whether a swap from Bitcoin into a stablecoin counts as leaving crypto, what makes someone a “trader”, and that individuals cannot offset losses against gains under the capital-income rules. Local practitioners argue the reporting rule reaches further than an administrative resolution can; as of this writing, none of that has changed any text.

Three things are not grey:

A Paraguayan company that trades pays IRE at 10%. Incorporating locally to trade moves your trading into the base — and companies’ source rules are wider than individuals’ (a Paraguayan company’s income from foreign deposits and foreign shareholdings is deemed Paraguay-source; a resident individual’s is not).
Mining in Paraguay is an activity carried out in Paraguay, on ANDE electricity. It is Paraguay-source, whatever you do with the coins afterwards.
Being paid in crypto for work done in Paraguay is Paraguay-source personal-services income.

Everything else — a resident individual trading actively from Paraguay on foreign exchanges — is exactly where qualified advice for your situation is worth paying for. We’ll say so in the chat rather than guess.

General Resolution 47/2026: the reporting rule in plain terms

Signed on 10 March 2026, RG 47/2026 creates an informative declaration — the DJI-Criptoactivos — filed through Marangatu. As the text reads:

Who. Operators of crypto platforms in Paraguay, and any individual or entity resident in Paraguay whose crypto transactions exceed US$5,000 in a year, counted together, when they transact through non-resident platforms or with no platform at all — so a foreign exchange account or a self-custody wallet is squarely in scope.
What counts. Buying, selling, holding, swapping one coin for another, transfers to and from wallets and exchanges (local or foreign), paying for things in crypto, gifts and inheritances, mining, staking, lending yields, and “any other” disposal.
What you report, per operation. Date and time; counterparty or, failing that, the wallet addresses or contracts involved; asset, symbol, and network; quantity to ten decimals; gross value in US dollars; fees; transaction hash; wallet type.
When. Annually, in the third month after the fiscal year closes — March 2027 for calendar-year 2026 — with obligation code 959 added to your RUC first. People in scope with no RUC are told to get one.
Penalty. Late filing draws a fine of Gs. 1,000,000, “without prejudice” to other administrative consequences.

What the resolution does not do is create a tax, change a rate, or resolve the source question. DNIT framed it as traceability: see the movements, then decide case by case whether an increase in assets is taxable. If you are a resident with no tax ID and you cross US$5,000 in crypto movements this year, the resolution says you become a RUC holder — with the monthly filing rhythm that entails. We’ve written about what a RUC commits you to; read it before a reporting threshold decides for you.

Records matter even when no tax is due

Banks ask where money came from. That is evidentiary, not jurisdictional: “Paraguay doesn’t tax this” is a true sentence and a useless answer. What works is a trail — exchange statements showing what you bought and when, wallet addresses, transaction hashes, the fiat on- and off-ramps, the dates. Paraguayan banks are cautious with crypto proceeds; the local press has flagged the risk of accounts being closed over converted crypto deposits, so assume a large unexplained inflow gets questioned. The same records are what RG 47/2026 asks for if you’re in scope, so keeping them is one job, not two.

If you arrived with coins you bought years ago, the record that matters most shows you held them before you were a resident — acquisition dates and cost basis. It’s the difference between a foreign-source position you can document and a story you’d have to tell.

Your home country hasn’t gone anywhere

Paraguay’s territorial treatment is a Paraguayan-side fact. If you’re a US citizen, the United States taxes your worldwide crypto gains wherever you live; other countries have their own reach. Paraguay settles the Paraguayan side and nothing else — the same point we make in our honest answer on whether Paraguay is a tax haven. Anyone selling you Paraguay as the way to make a home-country tax authority lose interest is selling the wrong thing.

Paying with crypto is a separate question

Paying for things in crypto is, per DNIT’s ruling, a barter: the seller invoices you with IVA as usual, and your side is a disposal of the coin. For our own services the answer is simple — we take Monero first, Bitcoin (Lightning preferred, on-chain works), and USDT, alongside Wise, Revolut, cards, and bank transfer. How you pay is your business; the mechanics are in our post on paying with Bitcoin and Monero. Paying in crypto changes nothing above: your residency file, RUC obligations, and the source of your income are the same whichever rail you use.

Frequently asked

Does Paraguay tax Bitcoin gains? Paraguay taxes Paraguay-source income. A Paraguayan company’s crypto gains are IRE income at 10%, per DNIT’s written ruling. A resident individual’s capital gains are taxed at 8% when they are Paraguay-source — and whether gains on coins bought and sold abroad are Paraguay-source is not settled in writing as of August 2026. Foreign-source gains sit outside the base.

Do I have to report my crypto in Paraguay? If you’re resident and your crypto transactions on foreign platforms or without any platform exceed US$5,000 in a year, RG 47/2026 requires an annual informative declaration through Marangatu — first due in March 2027 for 2026 — filed under a RUC. Under that threshold, this rule creates no reporting obligation.

Is cryptocurrency legal in Paraguay? Holding, buying, and paying with crypto is not prohibited. It is not legal tender — the central bank has said so repeatedly — so nobody is obliged to accept it, and it carries no state backing. Businesses that exchange or custody crypto for others have their own obligations toward SEPRELAD.

Can I mine crypto in Paraguay? Yes, on a proper ANDE supply under its special intensive-consumption tariff, billed in dollars. Mining is Paraguay-source activity for tax purposes, and since Law 7300/2024 drawing power outside a metered contract is a serious criminal matter, with confiscation of the equipment.

If crypto is part of how you live and you’re weighing Paraguay, create a free account in the Sweet Home Paraguay App and tell us your situation in writing — where your coins came from, whether you trade or just hold, whether you’re thinking about a company or a RUC. You’ll get a straight answer about what the territorial system does and doesn’t settle for you, where the grey zone starts, and what is worth qualified advice before you commit. Focus on your passions, not paperwork.