Is Bitcoin Legal in Paraguay?
Yes. Bitcoin is legal to own, trade and mine in Paraguay, but there is no dedicated crypto law; providers face only AML and tax-reporting rules.
Legal, lightly regulated · facts checked November 2026 · some details from secondary sources · bitcoin is $77,627 today
| Status | Legal, lightly regulated |
|---|---|
| Regulator | Banco Central del Paraguay (BCP; its Superintendencia de Valores); SEPRELAD (AML); DNIT (tax) |
| Main law | No crypto law (a 2022 crypto-mining bill was vetoed). VASPs are AML-obliged parties under SEPRELAD rules (2021), and DNIT General Resolution 47/2026 requires crypto reporting. |
| Exchanges | No licensing; VASPs must meet SEPRELAD AML obligations. |
| Paying with bitcoin | Not legal tender (guaraní only, BCP); merchants may accept it at their own risk. |
| Banks | Banks may deal with crypto firms but are cautious; the BCP warns that crypto is unregulated and unbacked. |
| Tax | Gains fall under general personal income tax (IRP, 8–10%). Since 2026 DNIT RG 47/2026 requires reporting of crypto purchases, sales, holdings, mining and staking. |
| Mining | Allowed and large (cheap hydropower from ANDE), but illegal power connections for mining were made a heavier crime in 2024. |
| Recent change | 2026: DNIT General Resolution 47/2026 introduced compulsory reporting of crypto operations. A 2024 Senate bill to ban mining did not become law. |
Bitcoin in Paraguay: FAQ
Is bitcoin legal in Paraguay?
Yes: bitcoin is legal to own, trade and mine in Paraguay, but there is no dedicated crypto law; providers face only AML and tax-reporting rules.
Is bitcoin legal tender in Paraguay?
Not legal tender (guaraní only, BCP); merchants may accept it at their own risk.
How is bitcoin taxed in Paraguay?
Gains fall under general personal income tax (IRP, 8–10%). Since 2026 DNIT RG 47/2026 requires reporting of crypto purchases, sales, holdings, mining and staking.
Who regulates crypto in Paraguay?
Banco Central del Paraguay (BCP; its Superintendencia de Valores); SEPRELAD (AML); DNIT (tax). No licensing; VASPs must meet SEPRELAD AML obligations.
Is bitcoin mining legal in Paraguay?
Allowed and large (cheap hydropower from ANDE), but illegal power connections for mining were made a heavier crime in 2024..
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