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Paraguay approves bill to regulate bitcoin mining and trading

On Thursday, Paraguay’s Senate approved a bill aimed at regulating cryptocurrency mining and trading in the country. According to a post on Twitter by one of the three proponents of the bill, Senator Fernando Silva Facetti said that the Paraguayan Chamber of Deputies will meet to deliberate on the bill in 2022. Paraguay will decide…

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Elizabeth Warren questions bitcoin mining, US senator says cryptocurrencies raise environmental concerns

Senator Elizabeth Warren wrote a letter to the CEO of New York mining company Greenidge Generation, Jeff Kirt, requesting details about the company’s emissions. Warren’s letter insists that “Greenidge and other [bitcoin] factories raise concerns about their impacts on the global environment.” Elizabeth Warren targets bitcoin mining operations Former law professor and US Democratic Senator…

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Belarusian President Says Crypto Mining Is Better Than Leaving Low Paying Jobs Abroad

Belarusian President Alexander Lukashenko urged his fellow citizens to stay in the country and dig for crypto. That is better abroad in Poland and Germany, as many have done before, to take on poorly paid agricultural jobs. Is this the start of Belarus’ switch to crypto? The comments came during a speech to employees of…