Latam Insights: Paraguay Unveils Bitcoin Mining Centric Development Strategy, Itau Unibanco Rolls Crypto Trading for All Customers. Paraguay has revealed its strategy regarding bitcoin mining. Javier Gimenez, the Minister of Industry and Commerce, recently disclosed the new direction Santiago Pena’s government will follow, stating that the country will keep selling energy to legal bitcoin miners.In a meeting with Brazilian representatives of the joint commerce chamber, Gimenez explained that Paraguay’s energy surpluses would power 10,000 industries, but only a few can take advantage of it now. This is why the government will keep providing energy to bitcoin miners, who have a steady demand for this power.
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 Paraguay has recently unveiled a development strategy centered around Bitcoin mining. The Paraguayan Ministry of Industry and Commerce has revealed plans to take advantage of the energy sold to legal Bitcoin mining operations 
. This indicates that Paraguay aims to become a top Bitcoin mining hub in Latin America