Overview
- Residents and entities with more than $5,000 in annual cryptocurrency activity must file an annual disclosure under General Resolution No. 47/26.
- Exchanges and platform operators are required to submit transaction-level data, including wallet addresses, networks, hashes, timestamps, amounts with USD values, fees, and counterparty details.
- The rule covers a wide range of activity such as buying, selling, swaps, mining, staking, yield farming, airdrops, lending income, payments, and transfers between personal wallets.
- Authorities state the measure creates no new taxes and marks the first phase of a broader oversight program that will continue through 2026.
- Early market response includes exchanges updating policies to comply, while critics raise privacy and data-security concerns given Paraguay’s prior institutional data leaks and potential reputational risks.