Bolivia bets on cryptocurrencies to import energy amid dollar shortage
In response to the shortage of foreign currency and fuel, Bolivia has decided to use cryptocurrencies to pay for energy imports. The state-owned company YPFB will implement this system after government approval, seeking to maintain national fuel subsidies. Although no transactions have been made yet, this measure represents a significant change in the country's financial policy. The decline in natural gas exports has forced Bolivia, previously a net energy exporter, to rely on imports. The use of digital assets could provide an innovative solution to current economic challenges.