In its recent projections for 2026, the World Bank indicated that Bolivia could experience a 1.1 % contraction in its GDP.
According to the international institution, the nation could experience the steepest decline in Latin America, due in part to factors that have persisted over time, such as the…
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Browsing Tag
dollar shortage
Cryptocurrencies are an alternative to the lack of foreign currency in Venezuela
Cryptocurrencies, especially tether (USDT), have become an alternative for the private sector in Venezuela given the low availability of dollars.
In this sense, the private sector uses tether for transactions through authorized banks that…
Bolivia to allow the use of cryptocurrencies for fuel purchases
The Bolivian government issued a decree authorizing the state-owned energy company YPFB to use cryptocurrencies to pay for energy imports, particularly gasoline and diesel.
The South American country is currently experiencing an internal…