Gate News reports that on March 12, the Paraguay National Taxation Office issued Resolution No. 47/26 to strengthen tax regulation of Bitcoin and cryptocurrencies. The new regulation requires crypto platforms and administrators to report detailed user transaction information, including wallet addresses, network used, and transaction hashes. The scope of regulation covers cryptocurrency donations, inheritances, and NFT transactions exceeding $5,000 annually. This measure aims to incorporate digital assets into Paraguay’s national tax system while complying with the Financial Action Task Force (FATF) anti-money laundering recommendations.
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