【Bolivia Plans to Launch Digital Currency to Address Cross-Border Payments】According to a report by Golden Finance, Edwin Rojas Ulo, the president of the Central Bank of Bolivia, stated that the country is collaborating with international organizations to design a digital currency named 'Virtual Bolivia', aimed at international settlements and saving foreign exchange reserves, especially in US dollars. He pointed out that this initiative will help modernize the payment system, particularly in releasing reserve funds in cross-border payment scenarios. Detailed proposals regarding this digital currency are expected to be announced in August. Additionally, since the Central Bank of Bolivia allowed the purchase of cryptocurrencies using bank accounts, the adoption of digital assets has doubled within three months. At the same time, due to foreign exchange shortages, Bolivia has also begun using stablecoins as an alternative to US dollars and is exploring the possibility of paying for energy imports with cryptocurrencies.