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Fiat Money

Fiat Money  – money not backed by gold and other precious metals, the nominal value of which is established and guaranteed by the state, regardless of the cost of the material used for their manufacture.

Paraguay To Introduce Bitcoin law, Draft Leaks details
News 2021-07-14 2 min read

Paraguay To Introduce Bitcoin law, Draft Leaks details

Paraguay is expected to be another country worldwide to propose Bitcoin law after El Salvador, Bitcoin as Fiat Money. The incoming bill is expected to introduce on Wednesday local time, which would request registration of cryptocurrencies…

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