The Paraguayan Chamber of Deputies has approved resolutions to enhance oversight of cryptocurrency mining activities. Proposed by Congresswoman María Constancia Benítez, the measures require the Ministry of Industry and Trade to report on registered Bitcoin and cryptocurrency miners, while the National Electric Energy Administration (ANDE) must disclose authorized electricity connections for mining. Reports are due within 15 days. Paraguay, controlling 3.9% of global Bitcoin hashpower, ranks fourth worldwide, attracting miners with its abundant hydropower resources.
Paraguay Approves Bill to Track Bitcoin Miners
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