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
Block's Leadership Initiatives Enhance Market Optimism
Block's recent commitment to transparency and strategic communications has significantly improved stakeholder confidence and market optimism.
Top Crypto Gainers and Losers on November 21, 2025
On November 21, 2025, Pi PI had the highest gain at 387%, while MYX Finance MYX faced the largest drop at 1975%, showcasing the volatility in the cryptocurrency market.
Speculative Bullish Reversal Identified in WLFI Trading
World Liberty Financial Coin (WLFI) shows signs of a potential bullish reversal amid increased trading volume, but lacks official confirmation from leadership.
Block's Innovations Drive Cash App Credit Metrics Improvement
Block has recently unveiled significant product innovations and enhancements in Cash App's credit metrics, which have stirred optimism among analysts.
Dogecoin Faces Significant Price Drop Amid Weak Market Signals
Dogecoin (DOGE) has experienced a nearly 19% decline over the past month, with indicators suggesting continued weakness.
SEC to Host Roundtable on Crypto Privacy Issues
The SEC will hold a roundtable on December 15, 2025, to discuss privacy and surveillance in the cryptocurrency sector.
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