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Paraguay Proposes Bitcoin Mining Ban Citing Power Issues


14 Paraguayan senators have called for temporary prohibition of creation, and storage of cryptocurrencies, and banning crypto mining farms in the territory. The post Paraguay Proposes Bitcoin Mining Ban Citing Power Issues appeared first on Cryptonews

Paraguay to Strengthen Measures to Fight Illegal Cryptocurrency Mining


The Government of Paraguay will strengthen the measures directed to combat the illegal cryptocurrency mining operations in the country. In a recent meeting, ANDE, the National Power Administration, the Supreme Court, and the Department of Justice, agreed to deal with these crimes swiftly given...

Paraguay Police Raid Unearths 300 Stolen BTC Mining Rigs


Police have recovered 300 Bitcoin (BTC) mining rigs stolen from a farm in Paraguay, following a major operation conducted by the nation’s Anti-Kidnapping Department (DAS). Per the Brazilian media outlet Portalo do Bitcoin, the operation was carried out after a theft in the Paraguayan province...

Today in Crypto: Visa’s ‘Ambitious Crypto Product Roadmap’, Bitget’s On-ramp Service for Visa & Mastercard Crypto Purchases, Fractal & XRPL Partner on KYC/AML, Aptos Labs Teams Up with Ledger


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Visa’s ‘Ambitious Crypto Product Roadmap’, Bitget’s On-ramp Service for Visa & Mastercard Crypto...

Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50%


Paraguayan mining companies are taking a hit to their profitability due to the steep power fee hikes the government has established for cryptocurrency mining activities. According to reports from Braiins Mining business developer Nano Grijalba, after the veto of the crypto law, the change in power...

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