{"id":64503,"date":"2022-07-18T09:40:24","date_gmt":"2022-07-18T06:40:24","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=64503"},"modified":"2025-09-06T14:49:40","modified_gmt":"2025-09-06T11:49:40","slug":"paraguays-senate-approves-bill-regulating-cryptocurrency-mining-and-trading","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/paraguays-senate-approves-bill-regulating-cryptocurrency-mining-and-trading\/","title":{"rendered":"Paraguay&#8217;s Senate approves bill regulating cryptocurrency mining and trading"},"content":{"rendered":"<p>The Paraguayan Senate has approved a bill establishing the regulatory framework for the cryptocurrency industry.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"es\" dir=\"ltr\">Sancionan normativa que regula la comercializaci\u00f3n de criptoactivos<a href=\"https:\/\/t.co\/fP7fkLKbXh\">https:\/\/t.co\/fP7fkLKbXh<\/a><a href=\"https:\/\/twitter.com\/hashtag\/SenadoPy?src=hash&#038;ref_src=twsrc%5Etfw\">#SenadoPy<\/a> <a href=\"https:\/\/t.co\/lA5YT9vbVE\">pic.twitter.com\/lA5YT9vbVE<\/a><\/p>\n<p>\u2014 SenadoPy (@SenadoresPy) <a href=\"https:\/\/twitter.com\/SenadoresPy\/status\/1547740801748201472?ref_src=twsrc%5Etfw\">July 15, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In late May, the document with amendments <a href=\"https:\/\/u1f987.com\/en\/news\/paraguays-lower-house-approves-bill-regulating-cryptocurrency-mining\">was approved by the country\u2019s lower house of Parliament<\/a>. The main change is the creation of a supervisory body. According to the bill, it will be the Ministry of Industry and Commerce (MIC).<\/p>\n<p>MIC&#8217;s powers will include licensing miners. A registry of individuals and legal entities providing trading and custody services for digital assets to third parties is planned.<\/p>\n<p>Regulators include the Secretariat for the Prevention of Money Laundering, the National Securities Commission, and the National Energy Administration.<\/p>\n<p>The bill has been sent to Paraguay&#8217;s President Mario Abdo Ben\u00edtez for consideration.<\/p>\n<p>In June 2021, Congressman Carlos Rejala <a href=\"https:\/\/u1f987.com\/en\/news\/paraguay-to-introduce-bill-to-legalise-bitcoin\">announced a bill<\/a> related to Bitcoin.<\/p>\n<p>Later he clarified that Paraguay <a href=\"https:\/\/u1f987.com\/en\/news\/paraguay-clarifies-bitcoin-legislation-initiative\">does not plan<\/a> to grant digital gold the status of legal tender, and intends to develop &#8216;effective&#8217; regulation of cryptocurrencies.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Paraguayan Senate has approved a bill establishing the regulatory framework for the cryptocurrency industry.<\/p>\n","protected":false},"author":1,"featured_media":64504,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1482,36],"class_list":["post-64503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-paraguay","tag-regulation"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/64503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=64503"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/64503\/revisions"}],"predecessor-version":[{"id":64505,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/64503\/revisions\/64505"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/64504"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=64503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=64503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=64503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}