Nayib Bukele Bitcoin El Salvador Paraguay Mining regulation Latin America Nayib Bukele Bitcoin El Salvador Paraguay

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

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