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Paraguay Proposes Harsh Penalties for Illegal Bitcoin Mining

 Paraguay Proposes Harsh Penalties for Illegal Bitcoin Mining

 

The Paraguayan government is urging lawmakers to pass a bill that would impose up to 10 years in jail for illegal bitcoin miners, in response to the large amounts of electricity theft threatening the state-owned National Electricity Administration (ANDE). The bill includes provisions for Paraguayan police and prosecutors to seize and sell off mining equipment […] 

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