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

The Day the Veriscope Secretariat Responded to the FATF

Shyft Network Just now·8 min read Veriscope and Shyft Network’s response to FATF Draft Guidance on Virtual Assets and Virtual Asset Service Providers Last March, the Financial Action Task Force (FATF) issued a Public consultation on FATF draft guidance on a risk-based approach to virtual assets and virtual asset service providers. Their high-level objective is … Read more