{"id":1048026,"date":"2026-11-09T08:06:08","date_gmt":"2026-11-09T02:36:08","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1048026"},"modified":"2026-11-09T08:54:47","modified_gmt":"2026-11-09T03:24:47","slug":"how-a-digital-banks-collapse-toppled-paraguays-president-santiago-pena","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/11\/09\/how-a-digital-banks-collapse-toppled-paraguays-president-santiago-pena\/","title":{"rendered":"How a digital bank’s collapse toppled Paraguay’s president Santiago Pena"},"content":{"rendered":"

ASUNCION – For 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. <\/p>\n

But over just five days this week, the bank collapsed, freezing the savings of nearly 3 million customers – in a country of 6.5 million people – and triggering the country’s deepest political crisis in more than a decade.<\/p>\n","protected":false},"excerpt":{"rendered":"

ASUNCION – For 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 bank collapsed, freezing the savings of nearly 3 million customers – in a country of 6.5 million people – and triggering the country’s deepest political crisis in more than a decade.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1048026","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1048026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1048026"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1048026\/revisions"}],"predecessor-version":[{"id":1048053,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1048026\/revisions\/1048053"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1048026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1048026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1048026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}