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Bolivia Integrates Cryptocurrencies and Stablecoins into Formal Banking System

Bolivia Integrates Cryptocurrencies and Stablecoins into Formal Banking System

Author:

Global Cryptocurrency

Published:

2025-11-26 19:59:02

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BTCCSquare news:

Bolivia's Economy Minister Jose Gabriel Espinoza announced a historic policy shift on November 26, 2025, permitting banks to custody cryptocurrencies and offer digital asset-based financial products. This reversal follows a decade-long ban, with the Central Bank of Bolivia repealing restrictions in June 2024 through Board Resolution N°082/2024.

The decision reflects regional trends, economic pressures, and anti-money laundering recommendations. Chainalysis data indicates $14.8 billion in crypto transactions since liberalization, signaling rapid adoption. "You can't control crypto globally, so you have to recognize it and use it to your advantage," Espinoza stated during the announcement.

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