Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,404,782,667,590.88
  • 24h Vol: $56,442,256,430.13
  • BTC Dominance: 56.54%

cryptocurrency law

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Brazilian Government Preparing New Decree to Clarify Cryptocurrency Rules

Leave a Comment / asset segregation, Bitcoin, Brazil, brazilian government, Congress, Crypto Hacked, Cryptocurrency, cryptocurrency law, Decree, Ethereum, expedito netto, Gabriel Galípolo, luis inacio lula da sila, luis inacio lula da silva, Marcos Pinto, Regulation / / / , , , , , , , , , , ,

The Brazilian government is preparing to release a decree to fill the blank spaces that the recent approval of the cryptocurrency law has left open. The document, prepared by the Ministry of Finance, will establish the areas of oversight and responsibilities for the Central Bank of Brazil and the national securities regulator (CVM). Brazilian Government […]

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Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50%

Leave a Comment / Bitcoin, Braiins mining, Crypto Hacked, Cryptocurrency, cryptocurrency law, Decree, Ethereum, hosting, Mining, Nano Grijalba, Paraguay, paraguayan, paraguayan congress, power fees / / / , , , , , , , , ,

Paraguayan mining companies are taking a hit to their profitability due to the steep power fee hikes the government has established for cryptocurrency mining activities. According to reports from Braiins Mining business developer Nano Grijalba, after the veto of the crypto law, the change in power fees makes mining hosting an unprofitable business in Paraguay.

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Brazilian Cryptocurrency Law Likely to Be Reviewed by Lula’s Government

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The recently approved Brazilian cryptocurrency law will likely be reviewed and revised by the newly inaugurated government of Luis Inacio “Lula” Da Silva. According to statements made by the former rapporteur of the law, Expedito Netto, the new government will likely review the law to include some issues that were left behind for its approval.

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