Crypto Casino
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(H1): Cryptocasino and new technologies (Paraguay)
Resume Summary
Cryptocurrencies in Paraguay do not have legal tender status. The Central Bank (BCP) explicitly states: the only currency with unlimited payment strength is Guarani (PYG); crypt is not registered or authorized by BCP.
Regulatory architecture 2025 +: Ley 7438/2025 was adopted and decree No. 3846/2025 was published, by which CONAJZAR is assigned as a deconcentrated body within DNIT (tax and revenue service). It is responsible for tenders/concessions and oversight of games.
Rates and 2026: After an exclusive period for Daruma (Apostala), the state announced the transition to an open, multi-license model through tender in 2026.
Fiscal background: in October 2024, CONAJZAR recorded record collections of G. 15.521 billion, and in January-October - G. 143.376 billion (+ 10% YoY). This reflects the demand for "white" products and increasing control.
Legal outline: what it means for "crypto-casino"
1. The license is more important than the "payment method." In Paraguay, a licensed operator is legal, not a crypto payment in itself. If a site accepts crypt but does not have CONAJZAR/DNIT permission, it is considered illegal.
2. PYG - base currency of settlements. Payments and accounting must be linked to Guaraní; using a crypt without a clear frame amounts to risk to the player (payouts/disputes) and to the operator (sanctions). BCP's position is unambiguous.
3. Transition to competition in 2026. The tender will create a window for official online products (including mobile), where valid payment channels and AML/KYC will be prescribed under license conditions.
Technological trends: what is in demand by the market and the regulator
1) "Provably fair" and cryptographic integrity control
Hash commit/revil and independent outcome verification increase confidence in fast games (crash/instant).
On-chain logging of key events (not personal data!) is a useful audit and dispute trail.
Important: "provably fair" supplements, not replaces, certified RNG and independent laboratories.
2) Payments: PYG-first, and crypto - only as an auxiliary channel
Best practice model for PY: instant conversion of crypto contribution to PYG through an adjustable on/off ramp, fixing courses and commissions in the receipt, settlements with the player - in PYG. This reduces volatility and legal disputes.
Risks "crypto-only": there is no guarantee of protection, there is a higher probability of locks on the output (KYC "retroactively"). The BCP position is an additional argument in favor of PYG.
3) KYC/AML, anti-fraud и Travel Rule
Doc-KYC before the first withdrawal, sanctions/PEP screen, behavioral analytics; for crypto channels - monitoring addresses and providers compatible with the Travel Rule.
Device-fingerprinting, geofencing, velocity checks - to cut off multi-accounts and bonus bonuses.
DNIT/CONAJZAR reporting. With the integration of the regulator into DNIT, a greater emphasis on the fiscal trail of transactions is expected.
4) Live streaming, studios and smart CDN
Low-latency HLS/LL-Dash, edge caching and automatic quality reduction are critical for live games and studios.
Compliance overlays (18 +, RG banners) - part of the "responsible UX."
5) AI/ML for responsible play and anti-fraud
The risk of dependence (long sessions, dogon, night deposits) corresponds to proactive "pauses" and "hard" limits.
Algorithms intervene "gently" in UX, but the ultimate solution is for the person and the RG politicians.
Business cases: What a "crypto-compatible" white product might look like in Paraguay
Scenario A: PYG-only + on-chain-verifiability
Certified RNG, "provably fair" for instant games, all deposits/withdrawals are in PYG.
Pros: net compliance, zero volatility, minimum disputes.
Scenario B: PYG-first + crypt as input/output via licensed ramp
Input/output - automatic conversion to PYG; the check confirms the rate/commission and amount in guarani.
Pros: additional player coverage, legal reporting in PYG, readiness for DNIT checks.
Scenario C (not recommended until secondary 2026): crypto-only
High legal risks (BCP position; lack of local license = illegal), problems with traffic selection and brand reputation.
Interaction with regulation: roadmap for 12-18 months
1. We follow the tender-2026 (license format, technical requirements, payment rules, advertising/responsible play).
2. We are preparing the PYG-first payment stack: local providers, transparent commissions, acts of reconciliation in PYG, the presence of an on/off ramp with reporting.
3. Audit "provably fair" + laboratory: describe cryptography in rules, publish an outcome verifier.
4. RG-default: deposit/loss/time limits, Time-Out, self-exclusion, visible statistics in PYG.
5. Legal marking: use the DNIT/CONAJZAR register and materials in landing pages and applications; do not disguise the brand under foreign jurisdiction.
For the player: how to distinguish "white" from "gray"
Look for CONAJZAR/DNIT licenses/permits in the footer and on the operator's pages.
Calculations and limits in PYG, clear rules for bonuses and cashout.
KYC to first output, 2FA, history of inputs.
Careful with crypto-only. No local license = no protection, high risk of blocking/non-payment. The BCP position confirms: crypt is not a legal means of payment.
Q&A
Is it possible to launch a "purely cryptocasino" for Paraguay in 2025-2026?
Without a local license - no. From 2026 we are waiting for the tender rules; even with the admission of crypto channels, PYG will remain the base reporting currency.
Are there official signs of a "white" site?
Yes: DNIT/CONAJZAR publications and registry; the industry is discussing domain unification for legal operators (keep an eye on official releases).
Why "provably fair" if there is an RNG certificate?
This is an additional, custom outcome verifiability (hash-commit/reveal), especially for fast games; certification by the laboratory is still required.
"Cryptocasino" in Paraguay today is, first of all, a matter of compliance and PYG-orientation, and not fashionable payment buttons. BCP position (crypto ≠ legal means of payment), CONAJZAR integration into DNIT and multi-license tender course-2026 set a clear vector: licensed online + PYG-first, transparent technologies ("provably fair," certified by RNG), strong KYC/AMC L and responsible play. In this configuration, new technologies become an asset, not a regulatory risk - and help the industry grow while remaining in the "white field."
Sources: BCP official website on the status of cryptocurrencies and legal tender; DNIT/CONAJZAR - legal framework (Ley 7438/2025 and Decreto 3846/2025), functions and public materials; CONAJZAR record revenue news (October 2024); industry reports on the planned license tender in 2026.