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27 September, 2024

Bolivia’s Bitcoin Boom: Virtual Asset Trading Skyrockets After Ban Lifted

27 September, 2024

Bolivia’s recent move to lift a long-standing ban on cryptocurrency payments has unleashed a wave of excitement in the virtual asset market. Just weeks after the central bank reversed its four-year-old policy, the country witnessed a remarkable surge in cryptocurrency trading activity, with volumes doubling compared to pre-ban levels. This newfound embrace of digital currencies has opened up a new chapter for Bolivia’s financial landscape, and the potential for further growth is evident.