Crypto

Paraguay ປູທາງສໍາລັບລະບຽບການ crypto ເຖິງວ່າຈະມີການຄັດຄ້ານພາຍໃນ

05/30/2022
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Paraguay is viewed by many as a potential hot spot for cryptocurrency adoption due to low electricity costs and relatively soft taxation. The government has recognized this opportunity by pushing forward new legislation around digital assets. 

On May 25, a bill that regulates cryptocurrency trading, mining and custody was ການອະນຸມັດ by the Paraguayan Congress in a vote of 40 to 12. The bill must now be ratified by the Senate to finally reach President Mario Abdo Benítez.

ຮູບພາບ

If ratified, the bill would apply to any individual or organization in Paraguay involved in the mining, commercialization, trading, transfer, production, custody or administration of cryptocurrencies and related functions. The legislation proposes financial and legal guarantees to businesses and individuals, while also imposing restrictions on the matters of electricity spending and taxation.

For example, a translation of article 11 of the bill states: “Crypto mining is recognized as an industrial and innovative activity. This activity will be a beneficiary of all mechanisms and incentives foreseen in the national legislation ”

Regulations didn’t come without resistance, though; both the Paraguayan Central Bank and budget commission have ສະແດງອອກ their disapproval of digital currencies, calling the movement a “high-risk project with no benefit for the state.” This statement was also accompanied by the usual suspicion that cryptocurrencies aid criminal enterprise and substantially increase electricity costs.

ທີ່ກ່ຽວຂ້ອງ: ທະນາຄານດິຈິຕອນທີ່ໃຫຍ່ທີ່ສຸດຂອງອາເມລິກາລາຕິນຈະຈັດສັນ 1% ໃຫ້ກັບ BTC, ໃຫ້ບໍລິການການລົງທຶນ crypto

Paraguay is one of several ປະເທດອາເມລິກາລາຕິນ actively exploring the regulation of digital assets. El Salvador began the trend of legalization in June 2021 by recognizing Bitcoin (BTC) as legal tender. Other countries with ongoing crypto regulation discussions include Brazil, Argentina, Uruguay and Panama.