Bolivia

Latam Insights Encore: Bolivia’s Dollar-Starved Economy Calls for Stablecoin Help

December 10, 2024 Bitcoin.com

bitcoin.com

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we explore how stablecoins might help re-energize the Bolivian economy, facing a dollar scarcity period due to its fixed exchange rate. Latam Insights Encore: Stablecoins Might Help Bolivia Move Its Stalled Economy […]

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Latam Insights: Bolivian Crypto Market Overheats, Chile Belittles Bitcoin

December 8, 2024 Bitcoin.com

bitcoin.com

Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this issue, the Bolivian cryptocurrency market keeps growing after the repeal of a blanket ban, the Central Bank of Chile rejects bitcoin, and Bolivian attorneys propose implementing USDT to invigorate the Bolivian economy. […]

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Oracle Can Be a Go-To Solution for AML in DeFi – This Is How

Bolivian Attorneys Spearhead USDT Index Proposal to Energize a Dollar-Starved Economy

December 6, 2024 Bitcoin.com

bitcoin.com

Bolivian attorneys Iver von Borries and Javier Romero Mendizabal proposed introducing Tether’s USDT, the largest stablecoin in the cryptocurrency market, as an index asset for commercial and civil contracts. The submission aims to link USDT’s value in global markets to the national fiat currency, allowing for more flexibility in pricing certain obligations. Bolivia has maintained […]

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Oracle Can Be a Go-To Solution for AML in DeFi – This Is How

Bolivia Becomes a Hotbed After Lifting Crypto Blanket Ban

December 2, 2024 Bitcoin.com

bitcoin.com

The Central Bank of Bolivia shared numbers that show the country’s crypto activity is overheating. According to the institution’s data, purchase and sales operations for crypto assets grew over 100% after the bank lifted a blanket ban on crypto operations earlier this year. Bolivia Heats up With Crypto Adoption, Over 252,000 Hold Digital Assets Bolivia, […]

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Oracle Can Be a Go-To Solution for AML in DeFi – This Is How

Bolivia Ramps up Stablecoin Adoption as Bank Debuts USDT Services

October 28, 2024 Bitcoin.com

Bisa Bank

Stablecoin demand and adoption are poised to increase in Bolivia, as a bank has presented a USDT service suite for the first time. Bisa Bank, a private institution, now allows customers to purchase, sell, and keep USDT funds in the bank, leveraging it for remittances and international payments. First Bank in Bolivia Introduces USDT Services […]

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Oracle Can Be a Go-To Solution for AML in DeFi – This Is How

Crypto Trading Volumes Double After Lifting of Ban in Bolivia

September 30, 2024 Bitcoin.com

bitcoin.com

According to data from the Central Bank of Bolivia, operations with crypto assets rose in the last three months after the institution lifted a blanket ban on using the banking system for these transactions. Volumes doubled on average, with stablecoins leading the way and transaction numbers also rising. Bolivia Experiences a Crypto Renaissance After Lifting […]

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Oracle Can Be a Go-To Solution for AML in DeFi – This Is How

Latam Insights: Paraguay Raises Bitcoin Mining Power Fees, Bolivia Praises Stablecoins as Dollar Proxy

July 7, 2024 Bitcoin.com

bitcoin.com

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguay raises bitcoin mining power fees, Bolivia talks about the utility of stablecoins as dollar alternatives, and Kavak tokenizes debt in Brazil. Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping […]

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Oracle Can Be a Go-To Solution for AML in DeFi – This Is How

Central Bank of Bolivia States Crypto Might Be Beneficial, Remarks Stablecoins Utility as Dollar Proxy

July 5, 2024 Bitcoin.com

bitcoin.com

Edwin Rojas Ulo, President of the Central Bank of Bolivia, referred to the recent change in stance that the institution had on crypto and stablecoins. According to reports, Rojas Ulo stated that he believes adding crypto to the national financial system might be beneficial as an alternative and remarked on the function of stablecoins as […]

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Oracle Can Be a Go-To Solution for AML in DeFi – This Is How

Latam Insights Encore: The Bolivian Opportunity for Crypto After Its Unbanning

July 2, 2024 Bitcoin.com

Bitcoin (BTC)

Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we examine the opportunity for cryptocurrency in Bolivia after the central bank unbanned it from its financial system and how the citizens might leverage these new tools to alleviate the deficiencies of traditional […]

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Oracle Can Be a Go-To Solution for AML in DeFi – This Is How

Latam Insights: Argentina Reaches Zero Inflation, Central Bank of Bolivia Unbans Bitcoin

July 2, 2024 Bitcoin.com

Argentina

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentina reached zero inflation in food and beverages in June, the Central Bank of Bolivia unbans bitcoin, and several employees of the Paraguayan power company were allegedly involved in illegal bitcoin mining operations. […]

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Oracle Can Be a Go-To Solution for AML in DeFi – This Is How