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Paraguay s plan to encourage digital asset mining falls apart after president s veto

Only 38 out of 80 lawmakers voted to proceed with the bill, and out of the number, nine lawmakers voted against it, and the rest were either absent or voted blank.

Mario abdo benitezDeputy carlos sebastian garciaGlobal blockchain conventionParaguay electrical authorityParaguay chamberCommons foundationPresident mario abdoCarlos sebastian garciaBlockchain convention

Paraguay s legislature fails to reverse presidential veto on crypto regulation law

Members of Paraguay’s legislature voted against incentivizing crypto miners to operate in the country via a cap on their electricity rates.

Deputy josReynaldo rodrMario abdo benDeputy carlos sebastian garciaParaguay senateParaguay chamberPresident mario abdo benDeputy carlos sebastianPresident ben

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