$430M in Transactions as Virtual Asset Payments Surge 630% in a Year
Key Takeaways:
- Bolivia sees over $430 million in crypto transactions since mid-2024, a 630% YoY increase.
- Binance dominates digital rails, while retail users drive 86% of virtual asset operations.
- New legal framework and financial literacy programs aim to ensure secure adoption and regulatory compliance.
Crypto is gaining serious momentum in Bolivia. Just one year after easing restrictions on virtual assets, the Bolivian central bank reports a staggering rise in digital payments and trading volumes. The boom comes alongside a sweeping legal overhaul and nationwide education campaign designed to modernize the country’s financial system.
12-Month Crypto Volume Jumps from $46.5M to $430M
According to a June 27 release from the Banco Central de…
