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

Other news
Speculation on Solana's Nonnative Asset Listings Raises Questions

Recent speculation suggests potential listings of nonnative assets on Solana, but lacks official confirmation.

Nigerian SEC and NPF Collaborate to Combat Crypto Fraud

The SEC and NPF are joining forces to address the rising issue of cryptocurrency fraud in Nigeria.

Ethena Price Gains Momentum with Major Listings

Ethena is experiencing a price rally, supported by significant listings and institutional interest.

Solana Price Remains Steady Amid Major Upgrades

Solana's price remains steady despite a slight dip, reflecting strong network activity and institutional confidence, bolstered by the Firedancer upgrade and upcoming SKR token airdrop.

Sui SUI Demonstrates Structural Stability and Network Growth

Sui is recognized for its scalability and developer-focused tooling, showing signs of controlled accumulation.

Raydium RAY Maintains Liquidity-Centric Performance on Solana

Raydium continues to be a core liquidity hub within the Solana ecosystem, showing consistent trading activity.

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