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Paraguay Lawmakers Shelve Hotly Debated Crypto Law

Paraguay’s plans to regulate the crypto mining industry were halted by lawmakers on Monday after months of discussions.

United statesFernando silva facettiLuis benitezMario abdo benitezCarlos rejalaParaguay chamberBlockchain association of paraguayPresident mario abdo benitezLatin americanCongressman carlos rejalaSenator fernando silva facettiBlockchain associationSouth americanLatin americaBitcoin mining

President of Paraguay vetoes crypto regulation law

President Mario Abdo Benítez cited mining’s consumption of electricity as the reason for the veto.

United statesFernando silva facettiFernandosilvafacetti fsilvafacettiMario abdo benParaguayan senateMinistry of industryEconomic graphSenator fernando silva facettiAsset laundering

Paraguay Vetoes Crypto Regulation Bill

The bill s sponsor castigated the move, saying it shows the lack of vision of the state.

Mario abdoFernando silva facettiPresident mario abdoSenator fernando silva facettiCryptocurrency regulationLatin americaCrypto mining

Paraguay s President Vetoes Crypto Mining Law, Citing Massive Energy Cost

The Paraguayan president rejected a crypto mining bill on Tuesday because the energy costs outweigh any employment benefits.

Fernando silva facettiFernandosilvafacetti fsilvafacettiMario abdo benPoder ejecutivoParaguay national electricity administrationExecutive branchPresidencia paraguayNational electricity administrationSenator fernando silva facettiEnergy cost

Paraguay President Squashes Bitcoin & Crypto Mining Bill with Total Veto

The Paraguayan President Mario Abdo Benítez has spectacularly scuppered a much-vaunted bill that would have legalized and regulated crypto mining in the Latin American country.

United statesFernando silva facettiMario abdo benSilva facettiParaguay president squashes bitcoinCrypto mining billAbdo benPresident mario abdo benLatin americanSenator fernando silvaPortalo de bitcoinEast asian

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