Is Paraguay set to make bitcoin legal tender? Don't bet on it1 min read . Updated: 26 Jun 2021, 12:59 PM IST
El Salvador's President Nayib Bukele said on Thursday that a recently passed law making a bitcoin legal tender will take effect on Sept. 7, making the Central American nation the first country in the world to take such a step.
In the wake of El Salvador's dramatic move to make bitcoin a legal tender, a world first, the internet has been buzzing with rumors that another Latin American country may be set to follow in its footsteps: Paraguay.
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