The Central Bank of Bolivia has signed a memorandum of understanding with El Salvador to promote Crypto Assets as a "reliable fiat alternative." The protocol includes policy cooperation and encryption intelligence sharing, aimed at modernizing the financial system and enhancing financial inclusion. This is another important initiative by Bolivia following the lifting of the encryption ban in June 2024. As of June 30, 2025, the Crypto Assets volume has reached 294 million USD. Bolivia's forex reserves have fallen by 98% since 2014, and some merchants have started pricing goods in USDT. (Cointelegraph)

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