Brazilian gangs were able to use Paraguay's currency exchanges to launder vast quantities of drug money Brazilian criminal gangs were able to use official currency exchanges in Paraguay to launder ...

Paraguay is no stranger to "drug busts and bank heists" but in recent years the South American country has become a "mecca" for a very different type of crime: illegal Bitcoin mining. Power worth ...

Paraguay has seized 25 metric tons of Venezuelan currency, an illustration of how this soon to be worthless cash is highly valuable to counterfeiters looking to convert it into US dollars. The stash ...

(Bloomberg) -- Paraguay’s incoming finance minister, Carlos Fernandez, wants to reduce the government’s dependence on dollar funding by making it easier for foreign investors to buy local currency ...

Paraguay's so-called Bitcoin Bill, an attempt to regulate Bitcoin mining and crypto trading in the Latin American country, has been vetoed by President Mario Abdo Benitez. The Senate approved the bill ...

Carlitos Rejala has already proposed a Bitcoin bill in the nation and now may want to make it the country's official currency if elected. Rejala is the same politician from Paraguay that proposed a ...

Canadian crypto miner Pow.re secured a contract for 100 megawatts (MW) of power in Paraguay, one of a handful that have been granted by the country's national utility (ANDE), according to a press ...

ASUNCION (Reuters) – Paraguay will begin investing a portion of its foreign reserves in U.S. Treasury bonds at the end of the year, central bank President Carlos Fernandez Valdovinos told Reuters in ...

Paraguay is the second poorest country in South America, with an unemployment rate pushing 16 percent and more than 35 percent of its population living in poverty. The Paraguay guarani runs about ...