Actually I'm also hearing that Paraguayan companies were now embracing cryptocurrencies, Entrepreneurs and investors looking at Paraguay for the first time.
As well as introducing measures to make Paraguay a hub for foreign crypto investors, the draft legislation this is really a good news to the country.
There was a lot of hype regarding one of the crypto bills in Paraguay. But after the bill was introduced in the parliament, many of the experts claimed that it was disappointing for the cryptocurrency industry. My next hope is on Panama. There is a good chance that they will make Bitcoin as legal tender sometime soon. But I expect a more cautious approach from the other countries. In El Salvador, the implementation was done in a matter of 1-2 months, and there was not enough time for the industry to make the necessary arrangements.