On Monday, August 29, Paraguay's President Mario Abdo Benítez vetoed a bill recognizing cryptocurrency mining as an industrial activity. He reasoned that the high power consumption of mining could hinder the expansion of a sustainable national industry.
The decree said that crypto mining is capital-intensive and requires little labor, so it would not create . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here