Hours after Paraguay’s central bank seized Ueno Bank, a major digital lender that went from an obscure finance company to a household name in less than five years, President Santiago Peña  was facing impeachment, protesters were clashing with riot police and the bank’s executives had been detained.

The swift collapse of a bank that claimed more than 60% of Paraguay’s adults as customers has sent shock waves through the country’s financial system.

https://abcnews.com/amp/US/wireStory/paraguay-president-santiago-pea-resigns-bank-collapse-137881803