Central Bank of Bolivia Unbans Bitcoin From the Nation's Financial Ecosystem. The Central Bank of Bolivia has lifted a blanket ban on using bitcoin and other cryptocurrencies in the national financial system, opening the doors for integrating exchanges and other crypto service providers into its economy. The institution derogated a 2020 resolution prohibiting financial institutions from facilitating crypto-related payments. https://yakihonne.s3.ap-east-1.amazonaws.com/6789a15735d4ac7cb13396ac59a0bdc813680111b9df4a7ff2497a364c869fb9/files/1718136856634-YAKIHONNES3.webp
The Central Bank of Bolivia has officially reversed its ban on Bitcoin and other cryptocurrencies after four years. The ban, which was implemented in 2020, prohibited the use, marketing, or transaction of crypto assets in the national payment system .the Latin American Financial Action Task Force (GAFILAT) and acknowledges the growing importance of digital currencies in the global financial ecosystem
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