# Paraguay Protests Over Bank Lockout Intensify as Impeachment Vote Nears

- URL: https://talkfuse.com/story/paraguay-protests-over-bank-lockout-intensify-as-impeachment-vote-nears/
- Published: 2026-11-06T19:16:03+00:00
- Updated: 2026-11-06T20:49:47+00:00
- Original publisher: Decrypt
- Original article: https://decrypt.co/382740/paraguay-protests-bitcoin-impeachment-vote-nears
- Topics: Elections, Government, Politics

## Key points

- Ueno Bank locked around three million customers out of their accounts.
- Protests grew as Paraguay’s Senate prepared to vote on Peña’s impeachment.
- Deposit repayments are required, but initial payouts have strict limits.

## Summary

Thousands of Paraguayans protested after digital lender Ueno Bank locked about three million customers out of their accounts, intensifying public anger as President Santiago Peña faced an impeachment vote. The crisis has raised concerns about access to savings and public funds, while political leaders and officials have faced growing pressure.

The affected customers represent about 60% of Paraguay’s adults, and Ueno held an estimated $800 million to $850 million in public funds, including pension and health money. The lower house voted 78-0 to open impeachment proceedings; the Senate rejected Peña’s request for more time to prepare his defence and planned a removal vote. Eight Ueno executives have been arrested, and a new law requires most deposits to be returned within five business days, though initial guaranteed payouts are limited to smaller accounts without debts to the bank.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.