Crypto advocates have secured a remarkable victory in Paraguay, with a piece of crypto mining legislation – a private member’s bill – passing a vote in the Senate with a resounding majority.
Per Criptonoticias, 29 senators voted in favor of the bill – which proposes legalizing but regulating crypto mining, with just eight voting against, as well as six abstentions and two absences. The bill was unveiled several months ago, and was originally the brainchild of an ambitious group of Paraguayan miners in conjunction with the lower house MP Carlitos Rejala.
Rejala’s measure then won the support of the man who became the bill’s champion in the senate – Fernando Silva Facetti. The latter appears to have convinced the upper house of the value of the
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