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Nalezeno "Bolivia": 50

Bolivia and El Salvador Sign Digital Assets Cooperation Agreement


The agreement between the two countries focuses on the exchange of information about digital assets, which, according to the Central Bank of Bolivia, have become a widely used alternative for international payments. El Salvador has emerged as a crypto powerhouse in Latin America, with several...

Bottom-up Adoption: USDT Surges as Unit of Account in Bolivia


Paolo Ardoino, CEO of Tether, posted several pictures of items priced in USDT in Bolivia, marking an adoption milestone for the dollar-pegged stablecoin. The measure comes amid a climate of unrest due to the scarcity of dollars and gas faced by Bolivians. USDT Used to Establish Prices in Bolivia...

Bolivia Bans State Oil Company From Using Crypto for Energy Settlements


Luis Arce, the President of Bolivia, signed an executive order prohibiting the use of cryptoassets for energy purchases, aiming to curb speculation surrounding cryptocurrencies and stablecoins on exchanges like Binance. Bolivia Issues Executive Order to Ban Crypto From Energy Settlements Bolivia,...

Bolivia to use crypto to pay for energy imports — Report


Bolivia’s state-owned energy firm YPFB is planning to use cryptocurrency to pay for energy imports, according to a March 13 report from Reuters. The move comes as the South American nation faces a shortage of foreign currency reserves and a dwindling supply of domestic gas production.A...

Dollar-Strapped Bolivia to Rely on Cryptocurrency for Energy Imports


Bolivia has integrated a crypto-powered system to pay for fuel imports through its state-owned company YPFB, as it is facing a shortage of dollars and a reduction in its dollar-denominated foreign reserves. Bolivia Builds Crypto System to Pay for Fuel Imports Crypto is becoming relevant for...

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