According to Wu, data from the Bolivian Central Bank shows that crypto activity in the country is overheated. After the ban was lifted earlier this year, digital asset trading increased by 112%.
More than 252,000 Bolivians hold digital assets and trade them on different platforms. The bank's chairman noted that transaction volumes exceeded $75 million in the past four months, a significant increase compared to $46.4 million in the first half of 2024.