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Bolivia Utilizes Cryptocurrency for Energy Imports Amid Dollar Shortage

March 12, 2025March 12, 2025 - by Marcus Chen - Leave a Comment

Amid a dollar shortage, Bolivia’s YPFB will utilize cryptocurrency for energy imports. This development occurs alongside a national fuel crisis. Bolivia’s shift echoes Venezuela’s previous attempt with the petro cryptocurrency, …

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Bolivia’s YBFB to Utilize Cryptocurrency for Energy Imports

March 12, 2025March 12, 2025 - by Liam Nguyen - Leave a Comment

Bolivia’s YBFB will use cryptocurrency for energy imports to tackle U.S. dollar shortages. This decision follows similar moves by Argentina and Venezuela amid a fuel crisis. YBFB’s spokesperson confirmed the …