Paraguay’s government clarified irregular social media posts claiming BTC became legal tender were unauthorized, though they revealed ongoing CBDC research. The Central Bank emphasized only the guarani holds official status, but confirmed blockchain adoption talks with private firms. This follows neighboring Argentina’s pro-Bitcoin regulatory shifts.
Analysts speculate the leak could test public reaction to potential crypto integration. Paraguay’s energy surplus makes it attractive for mining, with 12 new facilities approved in 2025. The confusion highlights growing LatAm crypto tensions between innovation advocates and monetary traditionalists.
Market impact proved minimal as Bitcoin held $108k support. However, the incident underscores how social media can drive crypto volatility. Regulators warned against unverified claims, while pro-Bitcoin legislators vowed to propose formal digital asset legislation next quarter.
