BIG NEWS FROM PARAGUAY: New Bill Alert
#Paraguay ๐ต๐พ is making a big move in the world of crypto. They want to stop a problem with illegal #cryptomining stealing electricity and causing power cuts.
The Issue? Electricity Theft
Some #crypto mines are using electricity without permission, leading to less power for everyone else.
What’s Paraguay Doing?
Banning Stuff: For now, they don’t want any Bitcoin mining, or keeping and trading of cryptocurrencies. For
How Long?
180 days, or until they figure out a full set of rules. This is a step to try and fix the electricity problem and make things fair.
Keep an eye out for more news on this!
๐ฌ What Do You Think?
Is this a good idea by Paraguay? Tell us below! โฌ๏ธ