Paraguay News

Bitfarms will exit Latin America after selling a $30M Paraguay facility, shifting operations to North America as it pivots toward AI and HPC.

Ueno Bank adopts post-quantum signatures and tamper-evident timestamps on an L1 hybrid blockchain, signaling a model for quantum-safe finance.

An X post by Paraguay’s President Santiago Peña claimed the country had recognized Bitcoin as legal tender, but the official government account soon urged users to “dismiss any recently published content.”

Paraguayan law enforcement has deported three undocumented immigrants from China after they were caught breaking into a crypto mining facility attempting to steal machines.

Hive Digital Technologies president and CEO Aydin Kilic said Hive is not engaging in short-term regional arbitrage but sees Paraguay as a long-term clean energy partner.

Bitfarms will sell its largest Paraguay mining farm to Hive Digital for $85 million as it focuses on US expansion in Bitcoin and AI infrastructure.

Hive Digital converted some of its capacity to AI after the Ethereum Merger, and now it is upgrading its Bitcoin mining capacity.