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VisitWhich cryptocurrency will be most adopted for transactions in Bolivia by mid-2024?
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Reports from Bolivian financial institutions or major financial news outlets
Bolivia Lifts Ban on Bitcoin and Crypto Payments
Jun 28, 2024, 03:53 AM
Bolivia has officially lifted its ban on Bitcoin and other cryptocurrencies, allowing financial entities to use digital assets for crypto payments. The prohibition, which was implemented in December 2020, has been revoked by the Central Bank of Bolivia. While cryptocurrencies are now legal for financial transactions, they are not considered legal tender, meaning businesses are not required to accept them.
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