President Paraguay imposed a veto on the bill on the regulation of cryptocurrencies – Bits Media

President Paraguaya Mario Abdo Benitez has imposed a veto of law project, which proposed regulation of commercial activity, associated with digital currencies, Including mining.

Seems to be, Such a decision by Mario Abdo Benitsa (Mario Abdo Benitez) Based on a proposal to recognize mining cryptocurrencies with industrial activities and establish an electricity tariff for 15% above the current.

One of the authors of the bill, Senator Fernando Silva Fasetti (FERNANDO SILVA FACETTI), spoke out against the decision of the president. He stressed, that it is impossible to "ignore the existence of this activity, which is in the shade today ". Mining companies create workplaces and resources, But in connection with their status, they cannot access the financial system of paragraph.

Earlier, President of the National Administration of the Electric power industry Paraguay (SPIRIT) Felix sauce (Felix Sosa) asked Abdo Benites to apply a partial veto on the bill. Sauce is not confident, that an increase in the tariff by 15% will be sufficient to cover all expenses. According to him, necessary, so that miners make an advance payment, Moreover, in US dollars.

The bill will be returned to both chambers of the Legislative Assembly of Paraguay. Legislators will have to revise the proposal, either abandon him and accept the veto.

Note, that the bill on the regulation of cryptocurrencies is prepared in Brazil. The discussion of the document should be held in September.