🇧🇴 Bolivia signed an agreement with El Salvador to promote cryptocurrencies as an alternative to fiat money against the backdrop of a currency crisis — the Central Bank called crypto a "reliable and viable alternative to fiat."
Since June 2024, after lifting the ban on cryptocurrencies, trading volume in the country has surged, reaching $294,000,000 by the end of June 2025.
Earlier, we reported that Bolivia is preparing to launch a digital currency "virtual boliviano" — to simplify international payments and preserve currency reserves.
Source: Telegram channel DeCenter