The President of Paraguay introduced on his official X account that his nation will acknowledge Bitcoin as authorized tender.
The information was shared by Bloomberg, but it surely appears doubtless that the Paraguayan President’s X account was hacked. A cryptocurrency pockets deal with was shared from the account.
🚨 Official: Paraguay 🇵🇾 makes #Bitcoin authorized tender!
President Peña confirms $5M BTC reserve + bond entry for crypto-enabled residents.
📈 Buyers: your funding at present will decide the dimensions of this rollout.
Safe your stake in Bitcoin now:
🔗… pic.twitter.com/yWNhNgVN6Z— Santiago Peña (@SantiPenap) June 9, 2025
*This isn’t funding recommendation.