"The Central Bank of Bolivia (BCB) has lifted the ban on Bitcoin and cryptocurrency payments, allowing financial institutions to conduct transactions with digital assets to modernize its payment system. 🎉

BCB said the move is intended to help Bolivia enhance its struggling economy and synchronize it with Latin American cryptocurrency regulation.

Although crypto assets can be traded through banks, the Bolivian government does not recognize them as legal tender, and companies are not required to accept them as payment.

Bolivia is the latest country to join the pro-cryptocurrency Latin American coalition. What do you think about this? Please leave your opinion in the comments section!#Bolivia#Bitcoin #Crypto"