Cryptocurrency activities in Paraguay are legal without a comprehensive crypto law. The 2022 bill regulating crypto mining and trading (No. 6962/2022) was fully vetoed by the Executive. VASPs are subject to SEPRELAD AML/CFT registration and reporting.
| Status | Legal |
| Risk Score | 25/100 (Low Risk) |
| Region | south america |
| Currency | PYG |
| Capital Gains (Personal) | 8% personal income tax (IRP) on capital income and capital gains |
| Capital Gains (Corporate) | 10% corporate income tax |
| VAT on Crypto | No |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |
Paraguay has low tax rates. The 10% income tax rate is attractive for crypto businesses. Cheap electricity (from Itaipú dam) makes mining operations cost-effective.
| Required | No |
| Regulator | SEPRELAD / BCP / SIV (formerly CNV) |
| Framework | No comprehensive crypto law enacted. Piecemeal framework: SEPRELAD Resolution 08/2020 and Regulation 314/2021 (VASP AML registration); Law 7572/2025 (Securities and Products Market - covers tokenized assets/DLT); DNIT Resolution 47/26 (crypto transaction reporting, 2026). The 2022 crypto bill was fully vetoed by the Executive and not overridden. |
| Ease | easy |
No comprehensive crypto licensing law; the 2022 crypto bill was fully vetoed by the Executive. VASPs register with SEPRELAD for AML/CFT. ANDE has special electricity tariffs for crypto miners.
ANDE has cracked down on illegal mining operations stealing electricity.
| Status | Research |
| Name | Paraguay CBDC |
| Issuing Authority | Central Bank of Paraguay |
| Model | retail |
| KYC Required | Yes |
| Travel Rule | No |
| FATF Member | No |
| FATF Status | partially_compliant |
| FATF Body | GAFILAT |
| Suspicious-Activity Reporting | Yes |
Status: Unclear
No DeFi regulation.
Status: no_rules
No framework.
Status: no_rules
No regulation.
| Legal | Yes |
| Electricity Cost | $0.037/kWh |
| Renewable Energy | 99% |
| Infrastructure | fair |
Paraguay benefits from very low electricity costs due to abundant hydropower, making it attractive for crypto mining. Infrastructure is developing but still limited compared to major hubs.
| Stability | stable |
| Sanctions | No |
| Corruption Index | 28/100 |
| Banking Access | moderate |
| Sanctions Program Active | No |
Risk Factors
Paraguay is politically stable with moderate ease of doing business. Corruption remains a challenge. No international sanctions apply. Banking access for crypto firms is moderate with some regulatory uncertainty.
Cryptocurrency activities in Paraguay are legal without a comprehensive crypto law. The 2022 bill regulating crypto mining and trading (No. 6962/2022) was fully vetoed by the Executive. VASPs are subject to SEPRELAD AML/CFT registration and reporting.
Paraguay is classified by FATF as: partially_compliant.
KYC is mandatory for crypto businesses.
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Explore IT Services →Last reviewed: 2026-09-05 · Data source: Soken Crypto Legal Map
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