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Paraguayan Senate to Debate Taking Bitcoin Mining ‘Out of the Grey Area’
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Paraguay is inching closer to legalizing Bitcoin (BTC) and crypto mining – and potentially opening up its huge hydroelectric power capacity to industrial miners – with more senators lending their support to a key proposal.
The bill has been in the pipelines for several months, and was the brainchild of a group of miners, as well as the MP Carlos Rejala.
Rejala started tweeting about the bill at around the same time as the El Salvador President Nayib Bukele announced his decision to make BTC legal tender alongside the USD. The MP, of the minority Hagamos Party, had stoked international interest by promising that the bill would contain bitcoin-themed “surprises.” When the bill eventually materialized, most observers hoping for an El
Read more on cryptonews.comAbout this in other media
What you should know about the debate around Bitcoin-backed bank loans ambcrypto.com /2 years ago
El Salvador stacks 150 Bitcoin after BTC price crashes below $50k cointelegraph.com /2 years ago
Mainstream Analysts Pour Scorn on El Salvador’s Financial Plans and Bitcoin Intentions cryptonews.com /2 years ago
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