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Live News EQUITY ARTICLE M impact

Paraguay’s President Toppled After Digital Bank’s Collapse

Paraguay’s digital bank ueno collapsed, and the ensuing events toppled the country’s president, according to the report.

By Daniela Desantis and Brendan O'BoyleFor years, Paraguay’s digital bank, ueno, stood out as a homegrown success story, luring roughly half the country's people to open accounts and offering many the opportunity to hold a bank account for the very first time.But over just five days this week, the…

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