---
title: "Asset tokenization in Paraguay: Law 7572/2025 recognises DLT securities and the BCP’s SIV"
url: "https://www.unknowngravity.com/en/articulos/asset-tokenization-in-paraguay"
site: Unknown Gravity
published: "2026-10-02T14:56:13+00:00"
modified: "2026-10-02T14:56:14+00:00"
language: en-US
description: "In November 2025 Paraguay took a step few countries have taken: its new Securities and Commodities Market Law 7572/2025 includes in the definition of a security the instruments issued, registered…"
section: "Home > Cryptocurrencies and tokens > Asset tokenization in Paraguay: Law 7572/2025 recognises DLT securities and the BCP’s SIV"
---

# Asset tokenization in Paraguay: Law 7572/2025 recognises DLT securities and the BCP’s SIV

**In November 2025 Paraguay took a step few countries have taken: its new Securities and Commodities Market Law 7572/2025 includes in the definition of a security the instruments issued, registered, transferred or held through distributed ledger technology.** Securities tokenization now has a legal basis; what is missing are the rules from the Central Bank and its Securities Superintendency to make it operational.

## The framework: the BCP, the Securities Superintendency and Law 7572

The securities market is regulated by the **Central Bank of Paraguay (BCP)** through the **Securities Superintendency (SIV)**, which replaced the former National Securities Commission in 2023. Law 7572/2025 repeals Law 5810/2017 and Law 7162/2023, unifies the funds and securitisation regime and lets foreign issuers offer without setting up a local company. In June 2026 the SIV announced the start of digital-asset regulation — tokenized securities, custody, providers and stablecoins — under the new law; as of October 2026 no tokenization rule has been published yet.

## Crypto-assets: only the anti-money-laundering perimeter

Paraguay has no crypto-asset law: the 2022 bill was vetoed and another received a rejection report in March 2026. Virtual asset service providers are, however, obliged entities before **SEPRELAD** since Resolution 08/2020, with their own prevention rules (Resolution 314/2021). Cryptocurrencies are not securities by default; a token representing credit, ownership or a stake is.

## The vehicle: trust, funds and securitisation

The [fideicomiso](/en/glosario/fideicomiso) under Fiduciary Business Law 921/96 can only be run by banks, finance companies and trust companies authorised by the BCP. Law 7572 adds public and private funds — private ones, aimed at qualified investors, need no prior registration — and public and private securitisation. These are the structures the token will represent once the rules arrive.

## What can be done today

The prudent route is a conventional issuance — trust, private fund or securitisation — with a tokenized representation coordinated with the SIV and local infrastructure, and the file ready for the rules the SIV has already announced. There are private projects, such as the tokenization of Asunción Innovation Valley land on Polkadot, but we have found no tokenized issuance registered with the SIV.

## How we work with issuers in the country

The anatomy does not change from country to country: classification of the asset, a vehicle with segregated assets, a token with transfer restrictions, verified identity on every transfer and serious custody — the [seven-layer platform](/en/articulos/regulated-tokenization-platform) we build, with the local legal layer on top and a local counsel alongside. The full map of the region is in [asset tokenization in Latin America](/en/articulos/asset-tokenization-in-latin-america).

*Framework as of 2 October 2026, checked against official sources; regimes change — confirm the current status before structuring.* A project in Paraguay? [Talk to us](/en/meeting).