Paraguay Orders Registration and Disclosure for Bitcoin Miners
Paraguay’s Chamber of Deputies has approved two resolutions compelling government agencies to collect and disclose detailed information on Bitcoin mining activities operating in the country. The measures require registration of mining operators and the release of operational data through official channels, though legislative texts do not yet specify enforcement timelines or penalty mechanisms.
The decisions matter because Paraguay has been attractive to crypto miners and changes to transparency rules could prompt operational shifts, investor caution, or increased public scrutiny of electricity use. Market observers say the resolutions could affect local grid planning and the regional distribution of Bitcoin hash rate if operators choose to relocate. Authorities and the mining sector will now watch for implementing regulations that determine how strictly the disclosures are enforced and what data will be made public.