The bill would also allow law enforcement to confiscate and sell off equipment from illegal farms
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Crypto regulations
May 20, 2024
Paraguay’s Congress will consider introducing prison sentences of up to 10 years for illegal miningThe bill would also allow law enforcement to confiscate and sell off equipment from illegal farms
Mining
Apr 11, 2024
Paraguayan senators will discuss the sale of surplus electricity to minersFor this purpose, the authorities suspended the promotion of the bill banning cryptocurrency mining
Mining
Jan 25, 2024
Bitfarms will launch a 100MW mining farm in Paraguay in the second half of the yearThe initiative is part of the company’s strategy to achieve a hashrate of 21 EH/s
Crypto regulations
Jul 18, 2022
Paraguay's Senate passes bill on mining and trading in crypto assetsThe Ministry of Industry and Commerce has been appointed as the main regulator
Crypto regulations
Dec 19, 2021
Paraguay's Senate approved proposal to regulate mining and trading of cryptocurrenciesA discussion of the bill is scheduled for 2022
Mining
Dec 3, 2021
The ParaguayanSenate will discuss taking bitcoin mining out of the “grey zone”A bill aimed at regulating the use of cryptocurrencies in the country was discussed in the Chamber of Senators’ session
Business
Nov 2, 2021
Mining companies consider Paraguay as a new place for bitcoin miningThe country has reserves of unused hydroelectric power, which can be used for mining