Bolivia, cryptocurrency

Bolivia turns to crypto for energy imports amid dollar, fuel shortages
Bolivia's state energy firm YPFB will use cryptocurrency to pay for energy imports amid a painful shortage of dollars and fuel in the landlocked South American nation, a company spokesperson and a government official told Reuters on Wednesday.
Bolivia to use crypto to pay for energy imports — Report
Bolivia’s state-owned energy firm YPFB is planning to use cryptocurrency to pay for energy imports, according to a March 13 report from Reuters. The move comes as the South American nation faces a shortage of foreign currency reserves and a dwindling supply of domestic gas production.
Bolivia’s YPFB adopts cryptocurrency for energy imports as fuel and dollar shortages worsen
Bolivia is facing a serious economic issue as the country has a severe lack of dollars and gasoline, forcing the state energy agency YPFB to use cryptocurrencies for energy imports.
Bolivian State Energy Firm to Use Crypto to Pay for Imports: Reuters
YBFB hopes that using crypto will be a direct solution to the nation's shortage in U.S. dollars and foreign currency reserves.
Bolivia turns to crypto as fuel crisis deepens
By Alek Buttermann Bolivia is experiencing a deepening fuel crisis driven by severe shortages of diesel and petrol, with the government now exploring unconventional solutions, including cryptocurrency transactions,
State-backed Bolivian energy firm YPFB turns to crypto amid painful dollar shortage
The Bolivian state energy company, Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) has announced plans to make energy imports into the country with cryptocurrency as there is a current shortage of dollars within the country.
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