According to PANews, according to a report from the Central Bank of Bolivia (BCB), since Bolivia lifted the Bitcoin ban in June, the country's virtual asset trading volume has more than doubled in the past three months.

Average monthly transaction volume soared to $15.6 million between July and September, compared with $7.6 million in the first half of the year. Total transaction volume for the quarter reached $46.8 million, exceeding the level of the previous six months.

The number of virtual asset transactions also increased by 141%, from 932,000 in the same period to 1,123,000, reflecting the growing acceptance of virtual assets by financial institutions and individual users.

Virtual asset trading has surged since the enactment of Resolution No. 082/2024 on June 25, which allows the use of electronic payment methods to buy and sell virtual assets, with stablecoins accounting for the majority of transactions.