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Central Bank of Bolivia Registers Record Use of Virtual Assets Amidst Dollar Scarcity
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Bolivia’s central bank is reporting an all-time high in virtual asset usage as the country grapples with a shortage of US dollars. With traditional currency harder to come by, more people and businesses are turning to cryptocurrencies and other digital assets as alternatives for transactions and savings.
Editor’s Note: When dollars dry up, people get creative. Bolivia’s surge in crypto use isn’t just a tech trend—it’s a survival tactic. This could signal a broader shift in how economies under financial strain adapt, especially in regions where access to stable foreign currency is shaky. Whether this becomes a long-term fix or a temporary workaround, it’s a clear sign that digital assets are filling real-world gaps.

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