BTC $63,989.00 (-5.01%)
ETH $1,849.46 (-4.72%)
XRP $1.35 (-2.12%)
BNB $591.44 (-3.24%)
SOL $78.12 (-6.06%)
TRX $0.28 (-3.09%)
DOGE $0.09 (-2.08%)
BCH $503.15 (-11.62%)
ADA $0.26 (-3.16%)
LEO $8.08 (-1.41%)
HYPE $26.38 (-8.56%)
CC $0.16 (-0.59%)
LINK $8.22 (-4.67%)
XMR $306.25 (-4.92%)
XLM $0.15 (-2.99%)
RAIN $0.01 (-3.12%)
HBAR $0.09 (-3.28%)
ZEC $237.79 (-2.03%)
LTC $51.16 (-3.84%)
AVAX $8.31 (-5.67%)

Kazakhstan vs Paraguay

Crypto regulation comparison

← Back to map | Kazakhstan | Paraguay
Kazakhstan

Kazakhstan

Paraguay

Paraguay

Legal
Legal

Kazakhstan has a dual approach to crypto regulation. The Astana International Financial Centre (AIFC) operates as a regulated sandbox where licensed crypto exchanges can operate under AFSA supervision. Outside the AIFC, crypto regulation is more restrictive. Kazakhstan became a major mining hub after China's ban but has since tightened mining regulations.

Paraguay has no specific comprehensive crypto law. President Abdo vetoed a crypto regulation bill in 2022. The BCP does not recognize crypto as legal tender. VASPs must register with SEPRELAD for AML compliance since 2020. Paraguay is a significant crypto mining hub due to cheap hydroelectric power from the Itaipu Dam, though bills to restrict mining due to energy theft have been debated.

Tax Type Capital gains
Tax Type Income
Tax Rate 10%
Tax Rate 8-10%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator AFSA (Astana Financial Services Authority), NBK (National Bank of Kazakhstan)
Regulator BCP (Banco Central del Paraguay), SEPRELAD
Stablecoin Rules AIFC (Astana International Financial Centre) has its own framework for digital assets including stablecoins
Stablecoin Rules No specific stablecoin regulation
Key Points
  • AIFC provides a regulatory sandbox for licensed crypto exchanges and businesses
  • Mining is legal and licensed, with a specific tax on electricity consumption for miners
  • Kazakhstan became the world's second-largest Bitcoin mining country after China's 2021 ban
  • 2022 mining crackdown introduced stricter licensing and energy consumption taxes
  • Outside AIFC, domestic crypto payments and exchanges face greater restrictions
Key Points
  • No comprehensive crypto law enacted; 2022 bill was vetoed by President Abdo
  • Major crypto mining hub thanks to cheap hydroelectric power (Itaipu Dam)
  • VASPs must register with SEPRELAD (anti-money laundering secretariat)
  • Income from crypto activities subject to 8-10% tax rates
  • ANDE (national electricity authority) regulates power consumption for mining operations
Sources
Sources