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Last updated: June 17, 2025, 04:05  |  Written by: Caitlin Long

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Would Allow Users

Paraguay

Proposed Legislation in Paraguay Could Pause Bitcoin

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

Lawmakers Introduced The Draft Bill

Proposed Ban on Bitcoin Mining May Lead to $200M

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

Proposed Bitcoin Mining Ban Could Cost Paraguay $200M Annually

Paraguay to reconsider Bitcoin mining ban, mulls - Cointelegraph

Paraguay Re-Evaluates Proposed Ban on Bitcoin Mining

Paraguayan Senators Have Halted Progress

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

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

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

Caitlin Long can be reached at [email protected].

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