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Paraguay Audits Local Crypto Industry to Prepare for FATF-Style Regulations

Paraguay has conducted a mass audit of local cryptocurrency businesses, paving the way for the country’s first virtual asset regulations in 2020.

By Danny Nelson

Updated Sep 13, 2021, 11:53 a.m. Published Dec 24, 2019, 6:45 p.m.

Paraguay's Science and Technology Committee meets to discuss virtual assets. (Photo via Jorge Ramirez)