President of Paraguay Rejects Crypto Mining Law: What's Next?

The future of cryptocurrency mining in Paraguay is uncertain. Current Paraguayan president, Mario Abdo Benítez, has rejected the bill to regulate crypto mining in the nation, sending shockwaves through the industry and raising questions about the country's stance on digital assets.

On Monday, Paraguay's President Mario Abdo Benítez fully vetoed a bill proposing to regulate crypto mining and trading in the South American country. The bill introduced in July 2025 by Senator Fernando...

Why the Veto?

Paraguay’s president, Mario Abdo Benítez, vetoed a bill that sought to recognize cryptocurrency mining as an industrial activity. He reasoned that Mario Abdo Benitez, president, Paraguay, has rejected a bill to explore cryptocurrency mining as an industrial activity. Benitez said that Bitcoin mining’s high energy consumption was a key factor in his decision.

27 de sept. de 2025 Mario Abdo Benítez, el presidente de Paraguay, rechazó un proyecto de ley de criptominería que habría traído cierto nivel de regulación a una industria que se ha vuelto...

Impact on the Crypto Mining Industry in Paraguay

This decision throws the nascent crypto mining industry in Paraguay into limbo. The proposed law aimed to provide a clear legal framework for miners, attracting investment and fostering innovation. Now, without regulation, the industry faces uncertainty and potential limitations.

Will the veto be overridden? What are the alternative solutions for regulating crypto mining in Paraguay? Stay tuned for updates as the situation develops.