Bolivia's use of crypto for power imports signals a new era for international commodity markets.
Bolivia turns to crypto for energy payments amid dollar scarcity, while Brazil pushes a crypto payment system for BRICS.
Bolivia's state-owned energy firm YPFB plans to use cryptocurrency for energy imports due to foreign currency shortages.
Bolivia's YPFB plans to use crypto for fuel imports amid a dollar shortage and fuel crisis.
Bolivia turns to cryptocurrency for energy imports amid dollar shortage through state-owned YPFB.
Bolivia uses crypto to solve its dollar shortage and pay for fuel imports, impacting global trade norms.
Bolivia's state energy firm, YPFB, embraces crypto payments for fuel imports due to foreign currency and supply challenges.
Bolivia's state energy company, YBFB, plans to use cryptocurrencies for energy import payments, marking a swift move after lifting the Bitcoin ban in June.
Bolivia embraces crypto as a solution to its currency and economic challenges.
Bolivia turns to crypto for fuel imports amidst a U.S. dollar shortage and declining natural gas production.
Bolivia's state energy firm YBFB to use crypto for import payments as a solution to its foreign currency shortage.
Bolivia's economy faces a dollar shortage, prompting potential use of stablecoins to stabilize its economy under a fixed exchange rate system. Stablecoins might present a viable solution during this economic uncertainty.
Bolivian crypto market grows post-ban repeal; Chile dismisses Bitcoin. Bolivian lawyers suggest USDT to boost economy.
Bolivian attorneys propose using USDT as an index asset to boost Bolivia's economy by linking it to the national currency.
Bolivia has experienced a surge in cryptocurrency activity after lifting a blanket ban. The Central Bank reports over 100% growth in crypto transactions, with more than 252,000 individuals holding digital assets.
Bitcoin adoption is gaining momentum in Bolivia, despite initial resistance. The transition from zero to increased acceptance highlights a shift in public perception and potential economic impact.
A Bolivian lawmaker claims the country aims to become one of the top five nations in crypto adoption following legislative reforms.
YouTuber MrBeast faces allegations of promoting dubious cryptocurrency schemes, sparking debate on influencer accountability. On-chain investigators have linked MrBeast to questionable crypto promotions, with claims of earning millions. The controversy reignites discussions on influencers' roles in crypto endorsements.
Bolivia enters the crypto landscape as its fourth-largest bank offers a custody service for Tether's USDT, boosting investment opportunities for Bolivians.
Banco Bisa launches Bolivia's first regulated crypto custody service using Tether for funds transfer and overseas payments.
Banco Bisa, a Bolivian bank, now offers custody services for Tether's USDT, enabling crypto transactions.
Bolivian bank Banco Bisa launches a service for USDT custody, enabling clients to buy, sell, and transfer stablecoins.
Bisa Bank in Bolivia debuts a service suite for USDT, enabling customers to buy, sell, and hold the stablecoin. This move is set to boost stablecoin demand and adoption in Bolivia for remittances and international payments.
Crypto trading volumes in Bolivia doubled after the Central Bank lifted its ban on using the banking system for crypto transactions, with stablecoins leading the growth.
Latin America's crypto ecosystem is expanding with Nexo joining Colombia's Fintech Association, Worldcoin launching in Guatemala, and Bolivia seeing a surge in crypto transactions. Additionally, Paraguay is developing a national blockchain, and Brazil advances its CBDC project, DREX.
Bolivia's Central Bank reports over 100% increase in virtual asset transactions, from $7.6M to $15.6M monthly, after legalizing payments.
Bolivia has seen a 100% increase in virtual asset trading following the central bank's decision to lift a 42-month ban on cryptocurrency payments.
Bolivia reports a 100% increase in average monthly virtual asset trading since lifting its Bitcoin ban, with $15.6 million traded monthly from July to September.
The LATAM Crypto Roundup covers Brazil's approval of the Solana ETF, Bolivia's push for metal-backed stablecoins, new AML regulations in Peru, stable mining operations in Paraguay, and Uruguay's rising real estate deals using Bitcoin.
Paraguay increases Bitcoin mining power fees by 14%, while Bolivia highlights the benefits of stablecoins as alternatives to the dollar. Brazil's Kavak tokenizes debt.
Paraguay fights illegal Bitcoin mining by raising electricity rates, Mexico sees growing cryptocurrency adoption with 3.1 million users, and Bolivia lifts its cryptocurrency ban amid a dollar shortage.
