Tag: Paraguay

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Paraguay Strenghtens Mandatory Reporting Requirements for VASPs and Individuals

Individuals transacting cryptocurrency on offshore platforms or independently must now report their movements when the amount of crypto transacted surpasses $5,000 per year. Users...

Paraguay Adopts Stricter Crypto Oversight, Mandates Detailed Transaction On Bitcoin Reporting

Paraguay’s National Directorate of Tax Revenue (DNIT) has issued General Resolution No. 47/26, imposing comprehensive reporting requirements for bitcoin and crypto activity. ...

Latam Insights: Paraguay to Mine Bitcoin With Seized Hardware, Colombia Prepares Crypto Regulation

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Paraguay seeks...

Paraguay to Leverage Seized ASICs to Mine Bitcoin

ANDE, the state power company, has partnered with Morphware, an artificial intelligence (AI) and mining tech company, to start a pilot program and use...

Paraguay Eyes Seized Miners For Government Bitcoin Project

Paraguay’s state-owned electricity monopoly, Administración Nacional de Electricidad (ANDE), has signed a Memorandum of Understanding (MOU) with Morphware, setting the stage for a government-led...