Legislators in Paraguay are considering a ban on cryptocurrency mining to address the country's severe energy crisis. The proposed legislation is a response to concerns about the impact of illegal crypto mining on Paraguay's power supply. Paraguay's abundance of hydroelectric resources has attracted crypto miners looking for affordable energy sources.
**Contemplating Legislation to Ban Crypto Mining in Paraguay**
by Giorgi Kostiuk
2 years ago
0
Other news
Huma Finance Launches Aggressive Stablecoin Campaign
Huma Finance is launching a stablecoin campaign with yields between 14% and 20%, aiming to attract liquidity.
Chainlink Set to Launch First Spot ETF
Chainlink is set to launch the first-ever spot LINK ETF within the upcoming week, potentially increasing institutional investment.
Telcoin Achieves Major Regulatory Milestone with Nebraska Banking Charter
Telcoin has secured a banking charter in Nebraska, enabling it to issue regulated stablecoins and connect cryptocurrency with traditional finance.
Telcoin Price Surges Despite Whale Selling Pressure
Telcoin's price surged by almost 8% to approximately 0.0005487, becoming one of the top five gainers in the crypto market despite whale selling pressure.
Major Altcoins to Experience Daily Linear Unlocks Exceeding 1 Million
Major altcoins such as SOL, TRUMP, WLD, and DOGE will experience daily linear unlocks exceeding 1 million, impacting DeFi and liquidity pools.
Divergence in Bitcoin Options: Puts vs Calls
The Bitcoin options market showcases a fascinating dynamic with both bearish put options and bullish call options coexisting.
Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter