Bitcoin Fixes This? Paraguay President Resigns After Bank Lockout Hits 60% of Country
Ueno’s collapse trapped millions of Paraguayan depositors and triggered a president’s resignation, reviving Bitcoin’s argument for self-custody.
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Ueno’s collapse trapped millions of Paraguayan depositors and triggered a president’s resignation, reviving Bitcoin’s argument for self-custody.
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Paraguayan prosecutors on Saturday charged former President Santiago Peña, removed from office by the Senate on Friday, and requested his pre-trial detention in the case over the collapse of Ueno Bank, which froze the savings of nearly three million customers. A judge must rule on the request.