Paraguay’s Electricity Authority Requests Higher Rates for Crypto Miners, Partial Veto of Mining Legislation
Odelette Simon
Aug 5
Paraguay’s National Electricity Administration (ANDE) presented a draft decree to President Mario Abdo’s National Economic Team asking to charge a higher tariff to crypto mining companies. In addition, ANDE President Félix Sosa told a local a radio station he will ask Abdo to partially veto the legislature’s recently passed bill regulating crypto mining and trading. At issue, according to Sosa, is a cap on the rate that can be charged to miners at just 15% above the industrial rate. Read more...
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Odelette Simon

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