Paraguay legalizes bitcoin in July

Following the example of El Salvador, individuals and government officials are preparing to legalize bitcoin as a means of payment.

This time Bitcoin legalization will be in Paraguay. Authority spokesman Carlitos Antonio Rejala Helman announces the deadline: a bill on legalization of payments in bitcoin will be adopted in July. We will remind, earlier officials hinted at cooperation with PayPal in the promotion of the cryptocurrency.

The fact that everything is ready for adoption is also indicated by a message from Grupo Cinco – the country’s leading operator of entertainment services announced its readiness to accept digital currency. This means that payment in BTC, ETH and other virtual coins will become available to visitors to numerous clubs and restaurants.

Rehala notes: the main ally of cryptolobbyists is young people who have a different mindset and are ready for radical changes.

Recall that equating bitcoin to the government currency in El Salvador has caused a chain reaction around the world. A number of countries have confirmed the elaboration of a base for the full legalization of digital currency.

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