{"content":"🚨 Fake News: Paraguay Has Not Made Bitcoin Legal Tender $1MBABYDOGE A recent claim that Paraguay has adopted Bitcoin as legal tender is false. The rumor originated from a suspicious post on President Santiago Peña's X (formerly Twitter) account, which was later confirmed to be the result of a hack.mitrade.com+7ainvest.com+7reuters.com+7 🔍 What Happened? On June 9, 2025, a post appeared on President Peña's X account stating that Paraguay had made Bitcoin legal tender and was establishing a $5 million Bitcoin-backed reserve fund. The post also included a wallet address for investors to "secure their stake." The language and formatting raised immediate suspicions of a scam.cointelegraph.com+3reuters.com+3bitget.com+3coindesk.com+2tradingview.com+2cointelegraph.com+2cryptobriefing.com+1cryptobriefing.com+1 🛡️ Official Response The Paraguayan government swiftly responded, confirming that the post was unauthorized and likely the result of a hack. They urged citizens to disregard any information from the compromised account until official confirmation was provided. The national cybersecurity team is working with X to investigate the breach. mitrade.com+4reuters.com+4cointelegraph.com+4 ❌ No Change in Legal Status As of now, Paraguay has not recognized Bitcoin as legal tender. The Guaraní remains the official currency, and there has been no official legislation or policy change regarding cryptocurrency adoption.cryptobriefing.com ⚠️ Stay Informed For accurate and up-to-date information, rely on official government channels. Be cautious of unverified claims, especially those involving financial transactions or investments.","images":[],"tags":[],"tradingPairs":["1MBABYDOGE/USDT"],"quotearticleid":0}