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
Bittensor Price Declines as Market Pressure Increases
Bittensor's token TAO has dropped nearly 8%, signaling bearish market conditions.
Iran Accepts Cryptocurrency for Arms Sales
Iran's Ministry of Defence Export Center, known as Mindex, has introduced options for foreign buyers to settle arms contracts using cryptocurrency.
Charles Schwab CEO Predicts Favorable Macroeconomic Environment for Bitcoin by 2026
Charles Schwab CEO Rick Wurster predicts a favorable macroeconomic environment for Bitcoin by 2026, linking it to Federal Reserve monetary policies.
Massive Liquidations Hit Crypto Market on First Trading Day of 2026
The first trading day of 2026 saw significant liquidations across major cryptocurrencies, particularly affecting long positions.
APEMARS APRZ Promises High Returns with Unique Narrative
APEMARS APRZ combines an adventurous Mars quest narrative with deflationary tokenomics, aiming for significant growth.
Maternity Benefit Riders: A Financial Safety Net for New Parents in 2025
Maternity Benefit Riders have become essential for families managing childbirth costs, providing coverage for prenatal, delivery, and postnatal care, including immediate newborn coverage.
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