April 19, 2024

Paraguay passed a bill on cryptocurrency and mining

Paraguay passed a bill on cryptocurrency and mining

A few days ago, the Senate of Paraguay passed a bill establishing a legal framework forcryptocurrency industry - legislators plan to create a special register of individuals and legal entities that provide trading and storage services for digital assets to third parties.

The document also provides thatIndividual and corporate miners must request permission to consume industrial electricity and then apply for a license. For miners it will be installedreduced rate of payment for electricity - about 5 cents per kilowatt-hour.

The Senate had already approved the bill in December, butMay the Chamber of Deputies adopted it with changes, so it returned to the upper house. Now approved by both houses, the law must be presented to the country's president, Mario Abdo Benitez,which has the right to approve or veto it.

The main regulator of digital assets in the country will beMinistry of Industry and Trade (MIC), also the new area will be supervised by the Secretariat for the Prevention of Money Laundering, the National Securities Commission and the National Energy Administration.

Where is it more profitable to buy cryptocurrency? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest crypto exchange in the world is Binance. The platform supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Bitget https://bitget.com 7.8
3 Huobi https://huobi.com 7.2
4 AAX https://aax.com 6.9
5 Bybit https://bybit.com 6.3

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Additional features and services— futures, options, staking, NFT marketplace.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • final grade– the average number of points for all indicators determines the place in the ranking.