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MONEY

A digital bank’s collapse toppled Paraguay’s president within days — and cracked the myth of the ‘Dubai of South America’

ByW.B.D. Editorial Desk· November 13, 2026
A digital bank’s collapse toppled Paraguay’s president within days — and cracked the myth of the ‘Dubai of South America’

Ueno held approximately $850 million in public funds, including $355 million from the country’s social security system, IPS, including health and retirement funds.

Read the full story at Fortune →