The X account of the President of Paraguay, Santiago Peña, was hacked on Monday.
The account posted that Paraguay was making bitcoin
BTC$108,529.94
authorized tender, constituting a bitcoin reserve and issuing bitcoin bonds. It additionally invited traders to donate to a bitcoin pockets.
“Traders: your funding as we speak will decide the size of this rollout. Safe your stake in Bitcoin,” the message stated in English. Peña’s earlier posts have been all written in Spanish.
The official web page of the Presidency of Paraguay posted on X that the bitcoin-related data was false and {that a} non-authorized particular person might have accessed the account.
Paraguay has turn out to be residence to giant bitcoin mining operations, particularly belonging to HIVE (HIVE). Not like El Salvador, nevertheless, it has but to determine a correct crypto regulatory framework.
