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Crypto Adoption Grows in Bolivia as Banco Bisa Offers Tether Custody for Cross-Border Payments

by theamericannews
October 30, 2024
in Bolivia
0
Crypto Adoption Grows in Bolivia as Banco Bisa Offers Tether Custody for Cross-Border Payments
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El BCB, en coordinación con la ASFI y la UIF, a fin de modernizar el sistema de pagos, emite la Resolución de Directorio 084/2024, respecto al uso de los Activos Virtuales.

Lee la nota completa: https://t.co/37Zpgg0V62#UnPaísUnidoEsUnPaísFuerte #ElBCBGarantíaDeLaEstabilidad pic.twitter.com/PX1uai8BeY

— Banco Central de Bolivia (@BancoCentralBO) June 26, 2024

However, the Bolivian central bank clarified that digital currencies are not considered legal tender. Meanwhile, the Bolivian Central Bank has reported increased activity since lifting the ban.

Between July and September, an average of $15.6 million in crypto was traded monthly. The report added that the BCB is making it easy for everyone in the region to use cryptocurrencies. The rise in activity reflects the growing interest and potential for the Bolivian crypto market.

With the launch of Banco Bisa’s USDT custody service, Bolivia’s commitment to integrating crypto into its financial system is evident. The service opens up more opportunities for Bolivians to transact with stablecoins and strengthens trust in crypto services. 

Source link : http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=67227a8fdca849b9a4b030e766b5a41b&url=https%3A%2F%2Ftechreport.com%2Fcrypto-news%2Fcrypto-adoption-grows-in-bolivia-as-banco-bisa-offers-tether-custody-for-cross-border-payments%2F&c=754758466578697392&mkt=en-us

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Publish date : 2024-10-28 15:38:00

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Tags: AmericaBolivia
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