<ul data-eligibleForWebStory="true"><li>Bolivia has seen a surge in cryptocurrency adoption following regulatory changes in 2024 that allowed banks to process crypto payments.</li><li>Individual users generated most of the cryptocurrency transactions, predominantly through Binance-linked platforms.</li><li>Amid a growing dollar shortage, Bolivia has extended the use of cryptocurrencies to public institutions, such as the national energy company for fuel imports.</li><li>Authorities are implementing regulations to manage risks and educate citizens on cryptocurrency use, positioning Bolivia to be a regional leader in crypto adoption and financial modernization.</li></ul>

Bolivia Turns to Crypto as Dollar Shortage Deepens

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