Paraguay’s President, Santiago Peña, announced the country will officially recognize Bitcoin as legal tender on his official X account. The news came via Bloomberg and has sparked debate due to a potential security breach involving the President’s personal account. A cryptocurrency wallet address was inadvertently shared from the account, raising questions about its authenticity. The announcement included details of a $5 million Bitcoin reserve and bond access for citizens who embrace crypto-enabled financial tools. Investors are closely monitoring this event, anticipating how it will impact Bitcoin’s future trajectory and potentially lead to unprecedented market changes.