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Last updated: June 18, 2025, 14:23  |  Written by: Caitlin Long

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Paraguayan Senators Have Halted Progress

Paraguay is on the brink of potentially losing over $200 million annually if its lawmakers move forward with a proposal to ban cryptocurrency mining.

Paraguay’s stance on cryptocurrency mining has taken a noteworthy turn as senators pause to reconsider a proposed blanket ban. In a strategic move, officials are

Paraguayan senators have halted progress on the proposed cryptocurrency mining ban introduced last week, with officials now considering the benefits of selling excess

Lawmakers Introduced The Draft Bill

Paraguay’s legislators are rethinking a proposed ban on Bitcoin mining, now eyeing the sale of surplus energy from the Itaipu hydropower plant to miners. The Senate is

Lawmakers introduced the draft bill on April 4, claiming illegal cryptocurrency mines steal power and disrupt the country’s electricity supply. If passed, the ban would last

Paraguay to reconsider Bitcoin mining ban, mulls - Cointelegraph

Paraguay’s proposed Bitcoin mining ban could cost $200M a year

Paraguay Re-Evaluates Proposed Ban on Bitcoin Mining

Proposed Legislation in Paraguay Could Pause Bitcoin

Breaking: Paraguay’s Senate Shifts Gears on Bitcoin Mining Ban

Proposed Ban on Bitcoin Mining May Lead to $200M

Proposed Bitcoin Mining Ban Could Cost Paraguay $200M Annually

Caitlin Long can be reached at [email protected].

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