Bolivia has faced a shortage of dollars and fuel, which led to the decision to use cryptocurrency for paying for fuel imports. The state-owned energy company YPFB implemented the new payment system after government approval. This measure is aimed at supporting national fuel subsidies in the context of the economic crisis. In a country that previously exported energy resources, decreasing gas production forced the search for alternatives to meet fuel needs.
3/13/2025 7:41:29 AM (GMT+1)
Bolivia will start using cryptocurrency to pay for fuel imports against the backdrop of a dollar shortage and economic crisis in the country's energy sector
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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