Paraguay president resigns after collapse of Ueno digital bank
Summary
Paraguay's president has stepped down following intense pressure regarding his past connections to the parent company of Ueno Bank. The digital lender's sudden failure has locked millions of customers out of their accounts, leaving them unable to access their deposited money.
Santiago Peña stepped down amid mounting scrutiny over his former ties to Ueno Bank’s parent company, as the lender’s collapse left millions of customers unable to access their funds.
Source: Read the full story at Cointelegraph.com News
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