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Paraguay Introduces Bill To Curb Crypto Mining As Power Grid Struggles

Paraguayan lawmakers have moved to cripple the cryptocurrency mining industry in the country following incidents of power outages that specifically affected swathes of the Alto Paraná region in recent weeks.

By: International Business Times

May 06 2024
59
2932 Views

KEY POINTS

The bill proposes a temporary ban on the installation of new crypto mining farms
Some experts have said raised concerns about the bill's potential to stall crypto innovati… [+2745 chars]
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