Paraguay's Congressman Carlitos Rejala has announced that he will propose a bill that would allow Paraguay to adopt Bitcoin as legal tender. He is working with local actors to make Paraguay a hub for investments in cryptocurrencies. The bill is expected to be presented in July. Paraguay could become a haven for Bitcoin miners.
It's pretty good that they are considering making it a legal tender after El Salvador announced their plans, I am pretty hopeful that more South American countries are going to follow suit when Paraguay finalizes these proposal of making bitcoin a legal tender, don't mistake it for currency though.