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Paraguay

El Salvador, Paraguay partner on digital asset regulation
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26 March, 2025

El Salvador, Paraguay partner on digital asset regulation

The scope of the agreement is unknown as digital assets are not legal tender in Paraguay; El Salvador previously entered...
Paraguay cracks down on illegal BTC mining
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19 December, 2024

Paraguay cracks down on illegal BTC mining

Paraguay’s grid operator is clamping down on the rising electricity losses, which have hit 28.5%, and illegal block reward miners...
Foundry lays off staff as Marathon, Hive expand
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11 December, 2024

Foundry lays off staff as Marathon, Hive expand

Foundry laid off a quarter of its workforce as it spun off from DCG, while Marathon acquired a Texas windfarm...
Paraguay’s plan to encourage digital asset mining falls apart after president’s veto
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10 December, 2022

Paraguay’s plan to encourage digital asset mining falls apart after president’s veto

Only 38 out of 80 lawmakers voted to proceed with the bill, and out of the number, nine lawmakers voted...
Paraguay President Mario Abdo Benitez rejects block reward mining bill
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3 September, 2022

Paraguay President Mario Abdo Benitez rejects block reward mining bill

The president has vetoed the bill, which sought to recognize mining and treat it like an industrial activity with its...
Paraguay senators pass digital assets and block reward mining bill
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21 July, 2022

Paraguay senators pass digital assets and block reward mining bill

The regulation introduces guidelines for the mining, commercialization, intermediation, exchange, custody, and administration of digital assets or instruments that allow...
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