Bolivia’s Crypto Boom Hits $430M Post-Ban Lift

Bolivia’s Crypto Boom Hits $430M Post-Ban Lift
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Bolivia has recorded $430 million in crypto transactions since lifting its national ban, driven largely by individuals using binance/?utm_source=CVJ.Ai&utm_medium=glossary&utm_id=CVJ.AI" target="_blank">Binance. The government has also approved crypto for fuel imports amid a dollar shortage, signaling a major shift in the country’s economic landscape.

  • 86% of Bolivia's $430M crypto transactions were by individuals, not institutions.
  • Government approved crypto for fuel imports to address dollar shortages.
  • Central Bank launched digital finance training to educate new crypto users.
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