Express

Paraguay May Become The Second Country To Use Bitcoin As Legal Tender After El Salvador

Mary Liu

Summary: Ran Neuner, CNBC's Crypto Trader host said that Paraguay, a South American country, has proposed a bill to legalize Bitcoin, which is expected to make Bitcoin a legal tender and will also encourage green mining.  The bill proposal has been affirmed by a member of Parliament Carlitos Rejala. If the bill is passed, Paraguay will ...

Ran Neuner, CNBC's Crypto Trader host said that Paraguay, a South American country, has proposed a bill to legalize Bitcoin, which is expected to make Bitcoin a legal tender and will also encourage green mining. 

The bill proposal has been affirmed by a member of Parliament Carlitos Rejala. If the bill is passed, Paraguay will become the second country after El Salvador to use Bitcoin as legal tender. 

However, some comments pointed out that the bill was proposed by a political party with only 2 seats in the government, and it is impossible to pass it.

Last Update:

Tags: ,,
Link: Paraguay May Become The Second Country To Use Bitcoin As Legal Tender After El Salvador   [Copy]
Next:

Related Articles

  • Bitcoin DeFi and Layer 2s: The Next Trillion-Dollar Opportunity? 6 days ago
  • Is the Crypto Bull Market Over? 7 days ago
  • EIGEN Airdrop: The Evolution of Ethereum 8 days ago
  • The Endgame of Layer 2s, Explained 11 days ago
  • The Bitcoin Halving is Complete! What’s Next? 18 days ago

    • You need to login to comment.