Paraguay is setting an important project in motion this week, hinting at Bitcoin (BTC) and its legal tender status, announced congressmen Carlitos Rejala in a tweet. Only a day after the announcement made by the El Salvador President Nayib Bukele on Twitter, it seems Paraguay is going to be the next country racing to legalize […]
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Bitcoin price briefly traded above $35,000 as the stock market hit new highs and Paraguay aims to become the second country to adopt BTC as legal tender.
Just days after El Salvador’s bitcoin announcement, Paraguay may be the next nation to announce a big project involving the flagship cryptocurrency. This is according to a recent tweet from Paraguay’s Deputy of the Nation.
Paraguay’s hydroelectric powered-towns, long associated as dugouts for drug cartels, smuggling, and ammunition rackets, are now home to miners connected in a sophisticated network circuitry to mine cryptocurrencies for their owners.
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