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Compare crypto adoption, regulation, taxes and market across 174 countries
Paraguay does not have specific cryptocurrency regulation but they are legal. The Central Bank of Paraguay (BCP) has issued risk warnings. The Financial Intelligence Unit (SEPRELAD) supervises crypto activities. In 2024, Congress debated a bill to regulate exchanges and mining. Cheap hydroelectric energy from Itaipu and Yacyreta attracts institutional miners.
Income Tax (IRE)
The Bank of Mexico has issued warnings about cryptocurrencies but they are not banned. The 2018 Fintech Law regulates exchanges as virtual assets. Exchanges must register with regulators and comply with KYC/AML norms. In 2025, the government began implementing MiCA-inspired rules to protect investors.
ISR (Income Tax) + VAT
Rate: 10%
Deductible: Acquisition cost is deductible. Only net gain is taxed. Mining expenses (electricity, equipment) can be deducted as business expenses.
Deadline: March-June (annual tax return)
Rate: 1.92%
Deductible: You can deduct expenses directly related to crypto operations (exchange commissions, network fees).
Deadline: June 30 (annual tax return)
Crypto users and population percentage
Legal status and regulatory framework
Tax rates and deductions
Available platforms by country
Peer-to-peer trading volume
Position in global adoption index
We compare adoption, regulation, P2P volume, taxes, and available exchanges for each country using up-to-date data.
We use data from Chainalysis, CoinGecko, local regulators, and crypto industry reports.
Tax data is updated periodically, but always consult a local accountant for financial decisions.
Yes, you can compare any of the 174 countries in our database using the country selectors.
Legal = crypto permitted. Unregulated = no clear legal framework. Restricted = with limitations. Banned = crypto is illegal.
Based on Chainalysis Global Crypto Adoption Index measuring P2P volume, users, and on-chain activity.
Explore the full guide for each country