Paraguay Introduces Crypto Reporting at Wallet Level: Who Must File and What Must Be Disclosed

Paraguay’s tax authority has required crypto platforms and certain individual residents to submit detailed annual reports covering all transactions involving digital assets. The new rules shift the country’s compliance approach—particularly in a jurisdiction that, in 2025, saw a record 47,687 residency applications, including due to a comparatively “softer” stance toward the crypto industry.

The change is set out in Resolución General No. 47/2026, signed on March 10 by the head of the Dirección Nacional de Ingresos Tributarios (DNIT), Óscar Alcides Orué Ortíz. The document formalizes what DNIT calls the “obligation to provide information on all cryptoasset transactions”.

Data will be submitted through DNIT’s existing Marangatu tax administration system. The first filings are scheduled for early 2027—covering the 2026 tax period.

Who Must Report and What Exactly Must Be Disclosed

Two main categories fall within the scope of the requirements.

1) Platforms. Platforms operating in Paraguay must report every user transaction, regardless of the amount.

2) Residents. Paraguayan individuals and resident companies whose annual crypto activity exceeds USD 5,000 (in total or separately) must file their own Declaración Jurada Informativa de Criptoactivos—an informative sworn declaration. This applies when transactions are conducted through non-resident platforms or directly via P2P (without intermediaries).

The reporting granularity is extensive. For each transaction, the filer must provide:

• date and time of the transaction;
• counterparty details (or wallet addresses if identification is not possible);
• cryptoasset name, ticker, and blockchain network;
• quantity, rounded to 10 decimal places;
• gross value in US dollars;
• all fees and gas expenses;
• transaction hash, plus sender and recipient addresses.

If counterparties can be identified, the resolution additionally requires disclosure of full names, citizenship, tax domicile, and tax identifiers (including taxpayer identification numbers).

According to Adam Yukhnevich, CEO of Bitcitizen, this should act as a “wake-up call” for those who obtained Paraguayan residency and believed the issue was settled once and for all.

He notes that the territorial logic of taxation has not changed overnight, but the “visibility infrastructure” has: the state gains tools to trace fund flows, meaning enforcement and evidentiary support shift toward the taxpayer.

The Regulatory Scope Goes Further Than in Most Countries

In Article 2 of the resolution, a “cryptoasset” is defined as any cryptographically secured representation of value or rights recorded on a distributed ledger. The document explicitly mentions tokens, utility tokens, stablecoins, and NFTs. At the same time, an exception is made for CBDCs (central bank digital currencies) and for instruments that are already regulated in Paraguay under securities rules.

The term “platform” is also interpreted broadly. It includes:

• CEX exchanges (centralized);
• DEX and DeFi protocols;
• custodial and non-custodial wallets;
• NFT marketplaces;
• staking and lending services;
• smart contracts;
and also “any other technological mechanisms” that enable crypto transactions—even if the organization does not hold a financial license.

Yukhnevich emphasizes: the argument about “cold storage” and the idea that a hardware wallet is “outside the jurisdiction” might, in theory, fit within a purely territorial approach. However, the new reporting requirements force the disclosure of wallet addresses and transaction hashes. Once a flow can be traced, the “theory” is no longer a shield.

Wallet-Level Monitoring Instead of CRS: How It Fits International Frameworks

Paraguay does not participate in the OECD Common Reporting Standard (CRS), which historically made it attractive to people seeking financial privacy.

47/26 does not change Paraguay’s CRS participation. But it does establish a domestic cryptoasset monitoring system comparable to what is being built internationally under the OECD Crypto-Asset Reporting Framework (CARF). According to available information, CARF data collection is set to begin in 48 jurisdictions, with the first exchange reports expected in 2027.

Yukhnevich compares the situation to known scenarios: jurisdictions attract capital through tax features, and over time the state closes “loopholes.” In his view, technology offers only temporary advantage—not permanent, unaccountable status.

Important: the resolution does not introduce new taxes. In the preamble, the measure is presented as the use of DNIT’s existing powers to identify economic activities involving cryptoassets, given their growing significance. The logic is stated as follows: proper identification and tracking strengthen oversight, supervision, and tax discipline.

Industry coverage (including publications by Bitcoin Magazine and CriptoNoticias) frames it as the first phase of a broader project. Further steps related to taxation and enforcement are expected during the rest of 2026.

Late filing triggers a fixed penalty of ₲1,000,000 (approximately USD 130). Residents who fall under the threshold but do not yet have an RUC registration must obtain it separately.

What This Means for Tax Advisors and Investment Migration Agencies

Paraguay follows a territorial model: only income sourced within the country is subject to taxation at a flat rate of 10%. At the same time, the path to residency through the SUACE program involves investing USD 70,000 in a local business over ten years. This combination made the country popular among holders of cryptoassets seeking tax-efficient residency—especially after immigration legislation was updated in late 2025.

For investment migration advisors, however, due diligence is becoming more complex. Yukhnevich warns: “you can’t sell a zero-tax concept and simply walk away”—particularly when DNIT is aligning with international approaches and CARF is already live across dozens of jurisdictions. In his view, the era of “set it and forget it” tax planning for cryptoassets under territorial schemes is quickly ending.

The resolution also runs in parallel with Law 7572/2025 on the securities market and products, which places tokenized assets under the supervision of the Superintendencia de Valores (SIV). Meanwhile, DNIT is responsible for crypto transaction reporting overall—including decentralized assets used as a means of exchange.

Bottom line: two regulatory tracks, one shared ecosystem—under intensifying oversight.

If you’re considering Paraguay for relocation, it’s crucial to plan ahead for changing crypto compliance rules: in 2026, detailed reporting of digital-asset transactions and data submission via DNIT Marangatu is being introduced. And for those who aim to formalize their status through investment-based programs, Digital Nomad can help you assess risks and build a compliant document strategy—so your move stays smooth and aligned with regulator expectations. Book a consultation: https://digital-nomad.gr/en/goldenvisa

Our Telegram channel about various types of Greek residence permits, digital nomad programs, and the Greek Golden Visa: @digitalnomadgr