🇧🇴 Trading boom after Bolivia “unleashes” Crypto

Just 3 months after Bolivia opened the door for institutions to access Crypto, the country’s trading volume doubled, reaching $15.6 million per month.

Notably, the number of transactions also increased by 141% compared to the first half of 2024, demonstrating the strong appeal of Crypto when legalized.

Previously, Bolivia banned Bitcoin in 2014 to control risks and protect investors. But in June 2024, the country made a 180-degree turn, allowing banks and financial institutions to participate in Crypto trading to modernize the economy and capture world trends.