According to CriptoNoticias, Bolivia’s Minister of Economy and Public Finance, José Gabriel Espinoza, said the government is conducting a technical assessment of the possibility of including USDT in the country’s national payment system, so that it can circulate in the economic system like the U.S. dollar and the Bolivian boliviano. Espinoza said that although Bolivia has already lifted its ban on crypto assets, it still lacks a complete regulatory framework; therefore, rules need to be further refined and the country’s ongoing anti-money laundering requirements stemming from its status on the FATF gray list must be considered. Due to a long-term shortage of foreign exchange, USDT has been widely used in Bolivia for fuel purchases and everyday transactions since 2024. In April this year, the state-owned Banco Unión integrated USDT into the e-wallet Yasta, and Banco FIE also launched a crypto account service supporting USDT buying and selling.

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ybaser
· 2h ago
To The Moon 🌕
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