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Paraguay: Bitcoin & Crypto Mining Bill Passes Senate, Heading to Lower House
20.12.2021
Crypto advocates have secured a remarkable victory in Paraguay, with a piece of crypto mining legislation – a private member’s bill – passing a vote in the Senate with a resounding majority....
Read More: Paraguay: Bitcoin & Crypto Mining Bill Passes Senate, Heading to Lower House
Paraguayan Senate to Debate Taking Bitcoin Mining ‘Out of the Grey Area’
2.12.2021
Paraguay is inching closer to legalizing Bitcoin (BTC) and crypto mining – and potentially opening up its huge hydroelectric power capacity to industrial miners – with more senators lending their support to a key proposal.
The bill has been in the pipelines for several months, and was...
Paraguay Eyed as New Bitcoin Mining Destination
2.11.2021
Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a bitcoin mining facility in the country, explaining they were determining the best location for...
Paraguayan Lawmakers Present a Very Different ‘Bitcoin Bill’ Than Expected
19.7.2021
A group of Paraguayan lawmakers presented a ‘Bitcoin bill’ in the National Congress last week, but it turned out to be a very different proposal than what crypto followers expected. The bill seeks to control and regulate cryptocurrency transactions and establish taxes. There is...
Paraguayan Lawmaker to Present Bitcoin Legislation Next Month — Aims to Make Paraguay Global Crypto Hub
20.6.2021
A pro-bitcoin congressman in Paraguay says he will present bitcoin legislation in congress next month with the aim to make Paraguay a hub for cryptocurrency investors worldwide. His efforts follow El Salvador passing a bill making bitcoin legal tender. Paraguay Wants to Be Global Hub for Crypto...
Latin American Countries Eye Bitcoin Adoption After El Salvador Passed Bitcoin Law
15.6.2021
A number of lawmakers in Latin American countries have expressed their interest in bitcoin following El Salvador passing the law making the cryptocurrency legal tender. The countries include Paraguay, Argentina, Panama, Brazil, and Mexico. Tonga and Tanzania have also reportedly expressed interest...
Paraguay Audits Local Crypto Industry to Prepare for FATF-Style Regulations
24.12.2019
Paraguay has conducted a mass audit of local cryptocurrency businesses, paving the way for the country’s first virtual asset regulations in 2020