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Paraguay president resigns over Ueno Bank collapse

Story timeline · 2 updates, 5 Nov to 6 Nov 2026

Paraguay's president Santiago Peña resigned after the collapse of digital bank Ueno Bank, which the central bank moved to liquidate; he denies wrongdoing over past ties to its owner, Grupo Vázquez. USDT now trades at a 13% premium on the local P2P market as people rush to obtain US dollars.

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  1. Paraguay's Santiago Peña resigns over Ueno Bank collapse

  2. Paraguay president resigns after Ueno Bank collapse as USDT premium hits 13%

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.