{"id":44945,"date":"2021-06-25T10:03:31","date_gmt":"2021-06-25T07:03:31","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=44945"},"modified":"2025-08-31T19:21:36","modified_gmt":"2025-08-31T16:21:36","slug":"paraguay-to-introduce-bill-to-legalise-bitcoin","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/paraguay-to-introduce-bill-to-legalise-bitcoin\/","title":{"rendered":"Paraguay to Introduce Bill to Legalise Bitcoin"},"content":{"rendered":"<p>Paraguay could become the next country after El Salvador to recognise Bitcoin as legal tender. The bill will be presented in the country&#8217;s parliament on July 14, said congressman Carlitos Rejala (Carlitos Rejala).<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The bill will be presented on July 14. \ud83d\ude4f\ud83c\uddf5\ud83c\uddfe\ud83d\ude4c <a href=\"https:\/\/twitter.com\/hashtag\/btc?src=hash&#038;ref_src=twsrc%5Etfw\">#btc<\/a><a href=\"https:\/\/t.co\/l8GZ7UaYK9\">https:\/\/t.co\/l8GZ7UaYK9<\/a><\/p>\n<p>\u2014 Carlitos Rejala \ud83d\ude4f\ud83c\uddf5\ud83c\uddfe\ud83d\ude4c (@carlitosrejala) <a href=\"https:\/\/twitter.com\/carlitosrejala\/status\/1406356656066289667?ref_src=twsrc%5Etfw\">June 19, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>A congressman, in an interview with Cointelegraph Espa\u00f1ol, said the initiative has found support among &#8216;a number of very important enterprises in Paraguay&#8217;.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;This bill will contain a few surprises. [\u2026] I think it will be extremely significant and important for the crypto world,&#8221; added Rejala.<\/p>\n<\/blockquote>\n<p>The congressman previously drew potential investors&#8217; attention to the country&#8217;s low taxes, a young labour market, and access to renewable energy sources. On the border of Paraguay and Brazil lies one of the world&#8217;s largest hydroelectric plants, Itaip\u00fa.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Entrepreneurs and investors looking at Paraguay for the first time, can you imagine investing your capital in a financially fertile country? <a href=\"https:\/\/t.co\/N3WaFjbuUJ\">pic.twitter.com\/N3WaFjbuUJ<\/a><\/p>\n<p>\u2014 Carlitos Rejala \ud83d\ude4f\ud83c\uddf5\ud83c\uddfe\ud83d\ude4c (@carlitosrejala) <a href=\"https:\/\/twitter.com\/carlitosrejala\/status\/1406008592533237764?ref_src=twsrc%5Etfw\">June 18, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>On June 22, Paraguayan Universidad Americana announced that it would begin accepting cryptocurrency as a means of payment.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"es\" dir=\"ltr\">From August 1 you can pay all your installments with \u2728 CRYPTOCURRENCIES \u2728<\/p>\n<p>We take an important step toward innovation \ud83d\ude80<a href=\"https:\/\/twitter.com\/hashtag\/UniversidadAmericana?src=hash&#038;ref_src=twsrc%5Etfw\">#UniversidadAmericana<\/a> <a href=\"https:\/\/t.co\/zEhVQhX8iT\">pic.twitter.com\/zEhVQhX8iT<\/a><\/p>\n<p>\u2014 Universidad Americana (@uamericana) <a href=\"https:\/\/twitter.com\/uamericana\/status\/1407381985065111555?ref_src=twsrc%5Etfw\">June 22, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to CoinDesk, from August 2021 the university will add support for Bitcoin, Ethereum and the XRP token.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The objective is to broaden cryptocurrency adoption and move to more efficient payment channels,&#8221; explained Camilo Jim\u00e9nez Aguero, head of the organization.<\/p>\n<\/blockquote>\n<p>As of writing, digital gold is trading at $34,480 (Bitstamp). In the last 24 hours the asset rose 4.1%, according to CoinGecko.<\/p>\n<p>Earlier in June El Salvador&#8217;s authorities <a href=\"https:\/\/u1f987.com\/en\/news\/el-salvador-passes-bill-recognizing-bitcoin-as-legal-tender\">adopted<\/a> a bill recognizing Bitcoin as legal tender. The opposition <a href=\"https:\/\/u1f987.com\/en\/news\/salvadoran-opposition-declares-bitcoin-legalisation-unconstitutional\">called<\/a> the legalization of the first cryptocurrency unconstitutional.<\/p>\n<p>JPMorgan <a href=\"https:\/\/u1f987.com\/en\/news\/jpmorgan-analysts-question-bitcoins-benefits-for-el-salvadors-economy\">doubted<\/a> that the move would bring tangible economic benefits to the Central American country. Johns Hopkins University professor Steve Hanke said that the adoption of the first cryptocurrency <a href=\"https:\/\/u1f987.com\/en\/news\/economist-switch-to-bitcoin-could-derail-el-salvadors-economy\">could crash the economy<\/a>.<\/p>\n<p>ForkLog experts <a href=\"https:\/\/u1f987.com\/en\/news\/experts-weigh-bitcoins-impact-on-el-salvadors-economy-it-cannot-get-worse\">concluded<\/a> that this could equally spur both capital inflows into El Salvador and capital outflows.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paraguay could become the next country after El Salvador to recognise Bitcoin as legal tender. The bill will be presented in the country&#8217;s parliament on July 14, said congressman Carlitos Rejala (Carlitos Rejala).<\/p>\n","protected":false},"author":1,"featured_media":44946,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1482],"class_list":["post-44945","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-paraguay"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=44945"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44945\/revisions"}],"predecessor-version":[{"id":44947,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44945\/revisions\/44947"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/44946"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=44945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=44945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=44945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}