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Bolivia Bans State Oil Company From Using Crypto for Energy Settlements

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Luis Arce, the President of Bolivia, signed an executive order prohibiting the use of cryptoassets for energy purchases, aiming to curb speculation surrounding cryptocurrencies and stablecoins on exchanges like Binance. Bolivia Issues Executive Order to Ban Crypto From Energy Settlements Bolivia, a country that has recently shown several positive signs of integrating crypto into its […]

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Latam Insights Encore: Digital Currency Adoption Is Unavoidable, and Bolivia Is the Proof

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Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how digital currency is prepared to take over the world, and how even nations that first banned it, like Bolivia, will rely on it sooner or later. Latam Insights Encore: Bolivia:

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Latam Insights: Bolivia Announces Digital Currency, Solana and Ether Futures Approved in Brazil

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Welcome to Latam Insights, a compilation of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, Bolivia completes a crypto comeback story by announcing its digital currency, the Brazilian stock exchange launches SOL and ETH futures, and Belo Horizonte aims to become a bitcoin capital. De-Dollarization

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De-Dollarization Watch: Bolivia to Launch Digital Currency to Tackle Cross-Border Payments

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Edwin Rojas Ulo, president of the Central Bank of Bolivia, stated that the institution is currently consulting with international organizations regarding the design of a currency referred to as the “virtual boliviano,” which would facilitate international settlements. Central Bank of Bolivia to Launch Digital Currency With International Settlements in Mind Bolivia, which initially banned the

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