Paraguayan President Vetoes Virtual Assets

Shyft Network Sep 5 · 4 min read Regulation Bill, Citing Energy-intensive Nature of Crypto Mining Key takeaways The Paraguayan president vetoed the crypto bill, which was already opposed by the National Electricity Administration (ANDE), the Ministry of Industry and Trade (MIC), and the Paraguayan central bank. The President’s decree cites the high electricity consumption … Read more

Preview: Phoenix Finance’s Upcoming PHX Mining Mechanism

Crypto Michele Jul 13 · 2 min read As Phoenix Finance is about to launch its protocols and open new pools, we are excited to provide our users with a first insight into how the mining and boosting mechanism will work. Our team has focused on creating a stable environment, balancing the need to stick … Read more