🇧🇴 Another Country Recognizes Crypto

Bolivia lifts the ban on payments in BTC and other cryptocurrencies and officially recognizes crypto as a legitimate tool for banks and other financial institutions.

The ban was introduced in December 2020.

⛔️ However, the Central Bank of Bolivia reminded citizens that cryptocurrencies are not considered legal tender.

✔️ This does not restrict the use of digital assets but does not oblige service providers and sellers to accept cryptocurrencies. Everything is on a voluntary basis.