April 1, 2023

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 for cryptocurrency 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 apply for an industrial electricity consumption permit and then apply for a license. For miners will be installed reduced 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 he returned to the upper house. Now approved by both chambers, the law is to 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 be Ministry 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 deposit and withdrawal of funds in rubles, hryvnias, dollars and euros.

The reliability of the site is primarily determined bytrading 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 cards Visa / MasterCard and payment systems QIWI, 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 platform functions, including uninterrupted trading, deposit and withdrawal of funds, as well as the period of work on the market and the daily trading volume.
  • Commissions - the size of the commission for trading operations within the site and the 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 rating.