Archives for: July 20th, 2022

Paraguay Senate approves bill to regulate cryptocurrency

Written by: ( July 20, 2022 )

A bill to regulate cryptocurrency and their operation in Paraguay has been approved by the Senate. With some modifications, the bill that had been submitted to the deputy chamber was approved. It establishes clear definitions and exempts tax for crypto mining companies. LatAm is seeking to standardize cryptocurrency regulation to provide more clarity for investors […]

Paraguay could be next Latin American country to embrace cryptocurrency

Written by: ( December 23, 2021 )

The Senate of Paraguay approved last Friday a new cryptocurrency bill. These provisions, first introduced in July, define key terms such as virtual assets and require licenses to mine cryptocurrencies. They will now be sent to the Deputy Chamber. The bill’s sponsor, Senator Fernando Silva Facetti, revealed that the bill was passed by the Paraguayan […]

El Salvador appears ready to embrace Bitcoin as legal tender

Written by: ( June 7, 2021 )

During the Bitcoin 2021 conference last week, the president of El Salvador, Nayib Bukele, made an appearance. Not in person, but through a recorded video message that has the cryptocurrency community busy trying to figure out what’s next. Bukele announced that El Salvador could soon pass legislation that would make Bitcoin (BTC) legal tender in […]