Polymarket in Paraguay
Accessible: not geoblocked and not blocked, though Conajzar blocks unlicensed betting sites.
| Polymarket status | Not geoblocked by Polymarket |
|---|---|
| National position | Restricted |
| Regulator | Comisión Nacional de Juegos de Azar (Conajzar); Banco Central del Paraguay |
| Last reviewed | 23 October 2026 |
The legal situation in Paraguay
Polymarket does not geoblock Paraguay, and no Paraguayan action naming it was found. Ley 7438/2025 overhauled the 1997 gambling law (Ley 1016/1997) and ended state-granted monopolies on games such as sports betting. On 22 September 2025 Conajzar ordered DNS blocking of unlicensed betting sites, carried out by the National Computing Centre (CNC) of the Universidad Nacional de Asunción. Crypto has no dedicated law; a 2022 crypto bill was vetoed.
Key facts
- Ley 7438/2025 reformed Ley 1016/1997 and was regulated by Decree 3846.
- 22 Sep 2025: Conajzar ordered DNS blocks of unlicensed betting sites via the CNC.
- Dec 2022: a crypto regulation bill was vetoed; a 2024 bill has not been enacted.
- No Conajzar order naming Polymarket was found.
Getting started in Paraguay
Polymarket does not geoblock this country, but that is not the same as a local licence. Check the national position above, then follow our guides to sign up, deposit and place a trade. Profits may be taxable locally; keep records of every trade.
Sources
General information, not legal advice. Check the regulator's own website before acting.
Ready to try it? Check it is available where you live, then open Polymarket.
Open PolymarketFrequently asked questions
Is Polymarket legal in Paraguay?
Accessible: not geoblocked and not blocked, though Conajzar blocks unlicensed betting sites.
Can I use a VPN for Polymarket in Paraguay?
No. Using a VPN to reach Polymarket from a restricted location breaks its terms of service and can lead to frozen accounts. It may also break local law.