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Paraguayan entertainment company Grupo Cinco will accept cryptocurrency payments from next month

Paraguayan entertainment company Grupo Cinco will accept cryptocurrency payments from next month

2018/6/20

According to reports, Grupo Cinco, which claims to be Paraguay’s largest entertainment company, will begin accepting cryptocurrencies including Bitcoin in July. The company plans to accept BTC, ETH, SHIB, and CHZ as payment methods at its 24 outlets. The announcement was made after Paraguayan Congressman Carlos Rejala announced plans to propose a bill aimed at attracting international Bitcoin mining companies and other crypto businesses to Paraguay.


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