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📣 Breaking News: The President of Paraguay announces Bitcoin as legal tender and launches the national Bitcoin reserve plan!
According to reliable sources, the President of Paraguay announced today that Bitcoin will officially be incorporated into the legal currency system and plans to establish a national Bitcoin reserve to stabilize macro finance and promote the development of the digital economy.
This means:
🇵🇾 Paraguay will become the next country in Latin America to incorporate BTC into its national currency system, following El Salvador.
The government will start to reserve Bitcoin as part of national assets to hedge against macro risks.
This move is expected to promote the relevant developments in mining, central bank digital currency pilots, and digital asset regulation.