Summary
- Santiago Peña, the President of Paraguay, officially announced the introduction of Bitcoin (BTC) as legal tender.
- The president mentioned the establishment of a BTC reserve worth $5 million.
- However, some have raised suspicions that the post may be false, and it was reported that the post was actually deleted.
Santiago Peña, the President of Paraguay, announced on the 9th (local time) via X (formerly Twitter) that Bitcoin (BTC) will be introduced as legal tender.
In his presidential address, he stated, "After consultation with economic experts and a rigorous evaluation, we are promulgating a law that officially recognizes BTC as legal tender," adding, "A BTC reserve of $5 million will be established."
In relation to this, the virtual asset (cryptocurrency) news X account DB pointed out, "There are suspicions that this post may be false."
Meanwhile, it was confirmed that the post was deleted from President Peña's X account.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.![[Market] Bitcoin breaks below $68,000 as losses deepen](https://media.bloomingbit.io/PROD/news/3a08fe32-6a33-4a62-bb89-4afb5c5399ca.webp?w=250)
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