Cryptocurrency activities in Paraguay are legal with some regulatory framework in place, including a partially vetoed Crypto mining and trading law from 2022.
| Status | Legal |
| Risk Score | 40/100 (Moderate Risk) |
| Region | south america |
| Currency | PYG |
| Capital Gains (Personal) | 10% on income from capital investments |
| 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 | BCP / CNV |
| Framework | Crypto mining and trading law (2022, partially vetoed) |
| Ease | easy |
| Cost | N/A |
The partially vetoed 2022 law addressed crypto mining regulation. Paraguay's cheap electricity attracts mining operations. ANDE (electricity authority) has created special tariffs for crypto miners.
Status: Unclear
No DeFi regulation.
Status: no_rules
No framework.
Status: no_rules
No regulation.
| Legal | Yes |
| Electricity | $0.037/kWh |
| Renewable | 99% |
| Infrastructure | fair |
Paraguay has very low electricity costs due to abundant hydroelectric power, making it attractive for crypto mining. Infrastructure is developing but still limited compared to major hubs.
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 28/100 |
| Banking Access | moderate |
Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map
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