Paraguayan Cryptocurrency Law Shelved After Presidential Veto
The cryptocurrency and mining law that the Paraguayan Congress passed in June was finally shelved on Dec. 5. The document, which sought to bring order to crypto mining and exchange…
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Paraguay Warns About Growth of Illegal Bitcoin Mining Operations and Effect on Power Stability of the Country
The growth of illegal bitcoin mining operations could affect the stability of the power system in Paraguay, according to statements from the National Power Administration. The boom the country is…
Paraguayan Senate Rejects Presidential Veto to Cryptocurrency Bill
The Paraguayan Senate has decided to reject the total veto that President Mario Abdo exerted over a proposed cryptocurrency bill on September 2. The Senate defended the initiative, stating that…
President of Paraguay Mario Abdo Vetoes Cryptocurrency Bill
The President of Paraguay, Mario Abdo has issued an executive veto on a recently approved cryptocurrency bill. Abdo’s veto decree states cryptocurrency mining is an “energy-intensive” and a low-value-added activity.…