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🚨 Bolivia’s Crypto Boom: 530% Surge Amid Economic Crisis!
• Crypto transactions shot up from $46M → $294M in a year (May saw $68M!)
• Inflation at 40‑year high, currency plunged—Bolivians turned to crypto
• Digital assets now vital for remittances & small biz survival
🌍 Is this the future of crypto in crisis-hit countries?
❤️ React if you believe crypto = economic lifeline
💬 Comment with your thoughts or country in mind
👉 Tap $BTC or $USDT to trade on #Binance now—watch global adoption live!
#Bolivia #EmergingMarkets #bitcoin #Stablecoins #BinanceSquare
• Crypto transactions shot up from $46M → $294M in a year (May saw $68M!)
• Inflation at 40‑year high, currency plunged—Bolivians turned to crypto
• Digital assets now vital for remittances & small biz survival
🌍 Is this the future of crypto in crisis-hit countries?
❤️ React if you believe crypto = economic lifeline
💬 Comment with your thoughts or country in mind
👉 Tap $BTC or $USDT to trade on #Binance now—watch global adoption live!
#Bolivia #EmergingMarkets #bitcoin #Stablecoins #BinanceSquare
🚀 Crypto payments in Bolivia have surged 630% since the ban was lifted!
The Central Bank reports a whopping $430M in transactions. 🌍💰
#Crypto #Bolivia #Blockchain #CryptoAdoption #digitalpayments
The Central Bank reports a whopping $430M in transactions. 🌍💰
#Crypto #Bolivia #Blockchain #CryptoAdoption #digitalpayments
🚀 Crypto payments in Bolivia have surged 630% since the ban was lifted!
The Central Bank reports a whopping $430M in transactions. 🌍💰
#Crypto $BTC $BNB $SOL #Bolivia #Blockchain #CryptoAdoption #DigitalPayments
The Central Bank reports a whopping $430M in transactions. 🌍💰
#Crypto $BTC $BNB $SOL #Bolivia #Blockchain #CryptoAdoption #DigitalPayments
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BOLIVIAN digital
#Bolivia #CBDC
The Central Bank of Bolivia is working on the design of a digital currency, also known as CBDC (Central Bank Digital Currency), to modernize the payment system and facilitate international transactions. This project, called "virtual boliviano", aims to improve the payment ecosystem in Bolivia.
The digital currency aims to facilitate transactions and enhance the efficiency of the Bolivian financial system.
The CBDC could facilitate money transfers across borders and reduce associated costs.
The project will be presented on the bicentennial of Bolivia's independence, on August 6.
Bolivia lifted the prohibition on using the financial system to buy cryptocurrencies in June 2024.
The Central Bank of Bolivia has been working on the design of the CBDC since 2023.
The CBDC is expected to be used as an alternative to dollars and other foreign currencies for international transactions.
#Bolivia #CBDC
The Central Bank of Bolivia is working on the design of a digital currency, also known as CBDC (Central Bank Digital Currency), to modernize the payment system and facilitate international transactions. This project, called "virtual boliviano", aims to improve the payment ecosystem in Bolivia.
The digital currency aims to facilitate transactions and enhance the efficiency of the Bolivian financial system.
The CBDC could facilitate money transfers across borders and reduce associated costs.
The project will be presented on the bicentennial of Bolivia's independence, on August 6.
Bolivia lifted the prohibition on using the financial system to buy cryptocurrencies in June 2024.
The Central Bank of Bolivia has been working on the design of the CBDC since 2023.
The CBDC is expected to be used as an alternative to dollars and other foreign currencies for international transactions.
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Family what is KYC
(Know Your Customer), its importance in the financial sector and in the world of cryptocurrencies, its benefits, criticisms, and its relation to the fight against money laundering (AML) and the financing of terrorism (CFT).
KYC is a mandatory process to verify the identity of customers of financial services.
It is crucial to prevent illicit activities such as money laundering and terrorist financing.
Cryptocurrencies, due to their pseudonymous and decentralized nature, require KYC controls especially in exchanges with fiat money.
KYC enhances security, reduces the risk of fraud, and increases trust in the financial ecosystem.
Blessings and success
thank you for following me 🫂
leave your comment and your 👍$BTC $BNB $SOL
#Colombia
#argentina
#peru
#Ecuador #Bolivia
(Know Your Customer), its importance in the financial sector and in the world of cryptocurrencies, its benefits, criticisms, and its relation to the fight against money laundering (AML) and the financing of terrorism (CFT).
KYC is a mandatory process to verify the identity of customers of financial services.
It is crucial to prevent illicit activities such as money laundering and terrorist financing.
Cryptocurrencies, due to their pseudonymous and decentralized nature, require KYC controls especially in exchanges with fiat money.
KYC enhances security, reduces the risk of fraud, and increases trust in the financial ecosystem.
Blessings and success
thank you for following me 🫂
leave your comment and your 👍$BTC $BNB $SOL
#Colombia
#argentina
#peru
#Ecuador #Bolivia
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Japanese candles are a graphical tool that shows price movement over a specified period. Each candle represents four data points: opening price, closing price, high, and low.
The wicks or shadows (lines above and below the body) show the highest and lowest prices reached during that period.
These candles help identify trends, entry/exit points, and market behavior.
Blessings and success
thank you for following me 🫂
$BTC $PEPE $MUBARAK
#Colombia
#peru
#Bolivia
#argentina
#Chile
The wicks or shadows (lines above and below the body) show the highest and lowest prices reached during that period.
These candles help identify trends, entry/exit points, and market behavior.
Blessings and success
thank you for following me 🫂
$BTC $PEPE $MUBARAK
#Colombia
#peru
#Bolivia
#argentina
#Chile
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Many people from Bolivia are entering and learning to avoid losing their money and to keep it by buying $USDC
Some tips to make the most of the exchange #devaluacion #usdt #bolivia
Some tips to make the most of the exchange #devaluacion #usdt #bolivia
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Hello, good day. I come today to ask for recommendations on how to turn these 12 USD into 100 USD or more. The situation in my country is not the best; I know it's a small amount, but I am new to the world of crypto and want to protect my assets. However, I would like to generate more. Right now, what I do is dual investment; it doesn't pay much, nor are the profits exorbitant. I tried futures, and it didn't work. I also heard about holding tokens, but I don't know which ones. Every time I search, they tell me BTC or ETH, but when it comes to altcoins, I get many suggestions, but it's never the same. So I ask you to advise me on what to do. I am not asking for money or anything, just for your advice. Thank you very much.
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THE LARGEST CRYPTO EVENT IN BOLIVIA
This Friday, December 6th, the largest event on #blockchain in Bolivia will take place. Experts from all over the country and abroad will gather to discuss topics related to cryptocurrencies in the specific context of Bolivia.
The event will be held at the Fexpo Conference Center in Santa Cruz, Bolivia.
Admission is completely free, although spots are limited. Visit criptoconferencia.net and register!
#Bolivia
The event will be held at the Fexpo Conference Center in Santa Cruz, Bolivia.
Admission is completely free, although spots are limited. Visit criptoconferencia.net and register!
#Bolivia
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USDT appears in Bolivian stores: A sign of economic crisis
#USDT
On June 7, the CEO of Tether – Paolo Ardoino – surprised the cryptocurrency community by posting a series of images from a store at the airport in Bolivia, where items like sunglasses and candy are priced in USDT (USD₮) – a stablecoin issued by Tether. These images not only sparked curiosity but also raised serious questions about the growing role of stablecoins in traditional economies, especially in countries facing severe monetary crises like Bolivia.
On June 7, the CEO of Tether – Paolo Ardoino – surprised the cryptocurrency community by posting a series of images from a store at the airport in Bolivia, where items like sunglasses and candy are priced in USDT (USD₮) – a stablecoin issued by Tether. These images not only sparked curiosity but also raised serious questions about the growing role of stablecoins in traditional economies, especially in countries facing severe monetary crises like Bolivia.
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➡️Rumor: They say that products are being sold in USDT in Bolivia 👀
#MarketPullback #BoliviaCrypto #Bolivia #latam #Latinoamérica $USDC
#MarketPullback #BoliviaCrypto #Bolivia #latam #Latinoamérica $USDC
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Bolivia Pushes Metal-Backed Cryptocurrency to Strengthen Financial System
Bolivian President Luis Arce is actively pushing for the adoption of cryptocurrencies backed by precious metals such as lithium and gold, as part of a broader strategy to strengthen the country's financial system. Bolivia, with its rich mineral resources, especially lithium, is seen as having great potential in using digital assets to strengthen its economy.
According to Arce, the initiative will not only help reduce Bolivia's dependence on the US dollar but also promote foreign capital inflows into the country. The use of metal-backed cryptocurrencies, such as Tether's (USDT) stablecoin Alloy, will create a new financial instrument that will strengthen Bolivia's international payment system.
This strategy reflects the Bolivian government’s efforts to leverage domestic resources to create economic advantages, while modernizing its financial means to cope with fluctuations in global markets.
source: beincrypto.com
image source: Wikimedia commons
#bolivia #tether
Bolivian President Luis Arce is actively pushing for the adoption of cryptocurrencies backed by precious metals such as lithium and gold, as part of a broader strategy to strengthen the country's financial system. Bolivia, with its rich mineral resources, especially lithium, is seen as having great potential in using digital assets to strengthen its economy.
According to Arce, the initiative will not only help reduce Bolivia's dependence on the US dollar but also promote foreign capital inflows into the country. The use of metal-backed cryptocurrencies, such as Tether's (USDT) stablecoin Alloy, will create a new financial instrument that will strengthen Bolivia's international payment system.
This strategy reflects the Bolivian government’s efforts to leverage domestic resources to create economic advantages, while modernizing its financial means to cope with fluctuations in global markets.
source: beincrypto.com
image source: Wikimedia commons
#bolivia #tether
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#Bolivia in crisis for the #Impuestos increasingly worse for the #socialismo something that affects Bolivians day by day due to high taxes that do not benefit the nation or its people #CryptoMarketWatch #MarketPullback
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USDT Rising in Bolivia!
The value of USDT has skyrocketed in the Bolivian market, reflecting a strong demand for stable cryptocurrencies amid local economic uncertainty.
Are you already protecting your money with stablecoins?
Post, share, and earn commissions on Binance Square. Take advantage of the moment!
#USDT #Bolivia #BinanceSquare #Criptomonedas #Stablecoins #TradeStories $BTC $ETH $BNB
The value of USDT has skyrocketed in the Bolivian market, reflecting a strong demand for stable cryptocurrencies amid local economic uncertainty.
Are you already protecting your money with stablecoins?
Post, share, and earn commissions on Binance Square. Take advantage of the moment!
#USDT #Bolivia #BinanceSquare #Criptomonedas #Stablecoins #TradeStories $BTC $ETH $BNB
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🛍 USDT marks prices in Bolivia: at the Santa Cruz airport, the Duty Fly store displays its products with prices in USDT, using this stablecoin as a unit of account amid the country's currency crisis.
💱 Although payments are made in bolivianos or dollars, using USDT as a reference allows the store to apply a real exchange rate, close to the parallel market, without breaking the law.
🚀 Tether's CEO, Paolo Ardoino, highlighted that USDT drives economic stability in countries with high inflation. The stablecoin already exceeds USD 150 billion in capitalization.
#USDT #Bolivia #BoliviaCrypto #Tether #PaoloArdoino $USDC
💱 Although payments are made in bolivianos or dollars, using USDT as a reference allows the store to apply a real exchange rate, close to the parallel market, without breaking the law.
🚀 Tether's CEO, Paolo Ardoino, highlighted that USDT drives economic stability in countries with high inflation. The stablecoin already exceeds USD 150 billion in capitalization.
#USDT #Bolivia #BoliviaCrypto #Tether #PaoloArdoino $USDC
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"He who perseveres with $PEPE , a dollar awaits."
Blessings and success, family
Thank you for following me 🫂
Like 👍
#Colombia
#argentina
#venezuela
#Brazil
#Bolivia
Blessings and success, family
Thank you for following me 🫂
Like 👍
#Colombia
#argentina
#venezuela
#Brazil
#Bolivia
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Stablecoins and the Financial Future of Bolivia
Stablecoins like #USDT and #USDC are transforming the Bolivian financial landscape. After the authorization of #BCB in June 2024, cryptocurrency trading grew by 100% in three months, with an average of 15.6 million dollars monthly. These digital currencies offer an alternative for international payments and remittances, but their dependence on platforms like #Binance and the lack of physical dollars in the local market pose risks. #Bolivia could lead the adoption of cryptocurrencies in Latin America if it manages to regulate this sector.
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