Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

An ‘Economic Lifeline’ for Emerging Markets

13/07/2025

Another BTC Mining Firm Moves Into Ethereum Reserve, Hailing ETH as ‘Digital Gold’

13/07/2025

Logic Meets Modularity in this Big Partnership

13/07/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    UAE Accelerates Crypto Growth with Key Approvals and Partnerships

    13/07/2025

    Why Strategy’s Stock Price Didn’t Increase While Bitcoin (BTC) Reached All-Time Highs? Here Are the Details

    13/07/2025

    Bitcoin Eyes $115K as Trump’s Tariff Delay and ETF Inflows Spark Bullish Surge

    12/07/2025

    Bitcoin Price Pulls Back Ahead of CME Open as Traders Watch Key Gap

    12/07/2025

    Massive Binance Whales’ Ethereum (ETH) Accumulation: Is Supply Shock Incoming?

    11/07/2025

    Ethereum (ETH) Price Prediction for July 8

    11/07/2025

    Ethereum Whale Moves Signal Price Surge Incoming – Will ETH Hit $3,000 Soon?

    11/07/2025

    It’s Time for Ethereum (ETH), Which Lags Behind Bitcoin, to Explode! Analyst Points to This Week!

    11/07/2025

    DWF Labs-backed USDf depegs as red flags raised over quality of backing

    13/07/2025

    CRO Surges After Truth Social’s Crypto Blue-Chip ETF Disclosure, XRP Underperforms

    12/07/2025

    Whale Swaps 1.459M FARTCOIN for SOL, Earning $963,000 Profit, What’s Next for Fartcoin?

    12/07/2025

    $40 Million of HYPE to be Unstaked Ahead of Kinetiq Launch on July 15

    12/07/2025

    Volume Plunges While Transactions Soar

    11/07/2025

    Snoop Dogg’s TON NFT Launch Could Signal New Narrative for NFT Market

    10/07/2025

    Snoop Dogg’s Telegram NFT Drop Sold Out in Half an Hour

    10/07/2025

    Why a ‘Mobile-First’ Mentality Drove OpenSea’s Latest Acquisition

    09/07/2025

    An ‘Economic Lifeline’ for Emerging Markets

    13/07/2025

    Another BTC Mining Firm Moves Into Ethereum Reserve, Hailing ETH as ‘Digital Gold’

    13/07/2025

    Logic Meets Modularity in this Big Partnership

    13/07/2025

    UAE Accelerates Crypto Growth with Key Approvals and Partnerships

    13/07/2025
  • Blockchain

    Logic Meets Modularity in this Big Partnership

    13/07/2025

    Band Protocol Unveils V3, A New Era of Multichain and Lightning-fast Data for Web3

    13/07/2025

    All Franklin Templeton products will one day be onchain, exec says

    12/07/2025

    OpBNB Dominates in Blockchain Gaming UAWs, SKALE, RONIN, SEI, WAX & Other Ranked Top Performers

    12/07/2025

    Australia’s Tokenization Push Could Cement ‘Even Greater Financial Control’

    12/07/2025
  • DeFi

    Nasdaq-Listed Firm Secures $200M in Financing, with Over $150M Tied to Solana Treasury Strategy

    12/07/2025

    TaskOn Partners DEXTools to Bolster Web3 Community Participation

    12/07/2025

    InceptionLRT is shutting down just six months after raising $3.5 million in seed funding

    12/07/2025

    Aave gains 18% weekly amid ecosystem growth, stablecoin dominance

    12/07/2025

    Plume Launches SkyLink on TRON to Enable Real-World Asset Yields

    11/07/2025
  • Metaverse

    Elon Musk’s xAI Quietly Fixed Grok by Deleting a Line of Code

    09/07/2025

    Bonk.fun Grabs 55% of Solana Token Issuance Share, Pushes BONK Demand

    08/07/2025

    Apple’s Top AI Exec Leaves For Meta Amid Aggressive Hiring Trend

    08/07/2025

    Automobili Lamborghini Unveils Digital Temerario and GT3 NFTs in Wilder World

    07/07/2025

    Microsoft’s AI Diagnoses Like House, Bills Like Costco

    02/07/2025
  • Regulation

    An ‘Economic Lifeline’ for Emerging Markets

    13/07/2025

    ‘2025 Will Be the Year of Tokenized Stocks’

    13/07/2025

    Investors turn to stocks to gain exposure despite China’s crypto ban

    12/07/2025

    South Korean stocks ride crypto wave as new president backs won-based tokens

    12/07/2025

    EstateX’s tokenized twist on real estate investing

    12/07/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Coinbase Lists 4 New Cryptocurrencies After Securing License in New York

    12/07/2025

    Cumberland Unveils Massive 13,100 ETH Withdrawal from Binance

    12/07/2025

    Robinhood Says OpenAI Stock Tokens Backed by Special Purpose Vehicle

    12/07/2025

    Aevo unveils platform offering 1000x leverage on select stocks like MSTR and CRCL

    12/07/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Why Are So Many Crypto Games Shutting Down? Experts Weigh In

    12/07/2025

    The Real Lifestyle and WILDGO Partner to Transform Tokenized Real Estate

    12/07/2025

    Blazpay and Onmi AR Unite to Elevate Web3 Gaming Experience

    10/07/2025

    Floki’s Valhalla Surpasses 100K Veras Minted Within Days of Launch

    09/07/2025

    Another BTC Mining Firm Moves Into Ethereum Reserve, Hailing ETH as ‘Digital Gold’

    13/07/2025

    CKpool rolls out low-latency pool after solo miner racks up 3.175 BTC reward

    13/07/2025

    CoreWeave Fusion Dance, $1 Billion Day for Bitcoin ETFs and Strategy’s Bye Week

    12/07/2025

    Russia elevates AI over Bitcoin with impending ban on data center mining

    11/07/2025

    Crypto traders ‘talking to lawyers’ over Polymarket’s Zelenskyy suit bet

    12/07/2025

    US Senate targets Bukele’s El Salvador, bill calls to sanction BTC strategy

    12/07/2025

    Tornado Cash Judge Won’t Let One Case Be Mentioned in Roman Storm’s Trial: Here’s Why

    12/07/2025

    Trump Ally Compares Crypto Industry Writing Its Own Rules to Spilled ‘Urine Sample’

    12/07/2025

    An ‘Economic Lifeline’ for Emerging Markets

    13/07/2025

    Another BTC Mining Firm Moves Into Ethereum Reserve, Hailing ETH as ‘Digital Gold’

    13/07/2025

    Logic Meets Modularity in this Big Partnership

    13/07/2025

    UAE Accelerates Crypto Growth with Key Approvals and Partnerships

    13/07/2025
  • MarketCap
NBTC News
Home»Regulation»Bolivia’s New Anti-Crypto Decision Will Backfire… In Time
Regulation

Bolivia’s New Anti-Crypto Decision Will Backfire… In Time

NBTCBy NBTC19/06/2025No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how the recent crypto ban in Bolivia, pertaining to the use of crypto for energy imports, could backfire in the future.

Latam Insights Encore: Bolivia Excludes Crypto From Energy Settlements

Let’s analyze the recent moves of the Bolivian government, which has developed a strategy that includes its largest state-owned oil company and cryptocurrency in a context of currency controls and dollar scarcity..

As a way of curbing stablecoin price speculation, President Luis Arce issued an executive order that prohibits YPFB, the state-owned oil company, from engaging in crypto settlements for energy purposes. While this appeased the local market, where traders hoped to front-run the government, for me, this is a big mistake that closes the door to what might become the largest source of liquidity in trade markets: stablecoins.

Stablecoins are on the verge of becoming very relevant for international settlements, as the White House has adopted the policy of promoting their adoption and use under President Trump’s mandate.

Even if Bolivian authorities claim that they have not processed any purchases with digital assets due to the lack of a counterparty, this does not mean that the market will not change in the future, allowing for this kind of exchange using crypto directly.

Bolivia had also banned the use of crypto in conjunction with its financial system in 2020, effectively closing the local market to innovation. Nonetheless, the Bolivian government lifted this ban, with Edwin Rojas, the president of the central bank, recognizing the relevance of stablecoins as dollar proxies.

I’m sure this ban will also be lifted in time, as stablecoins become more and more used in international trade, including oil, gold, and other commodities. At least Bolivia has shown that it can reverse these decisions when it is needed, and it is still on the way to digitize its economy, having recently announced that a national digital currency was in the design stages of its conception.

Read more: Dollar-Strapped Bolivia to Rely on Cryptocurrency for Energy Imports

Read more: Bolivia Bans State Oil Company From Using Crypto for Energy Settlements

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

An ‘Economic Lifeline’ for Emerging Markets

13/07/2025

‘2025 Will Be the Year of Tokenized Stocks’

13/07/2025

Investors turn to stocks to gain exposure despite China’s crypto ban

12/07/2025

South Korean stocks ride crypto wave as new president backs won-based tokens

12/07/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

An ‘Economic Lifeline’ for Emerging Markets

13/07/2025

Another BTC Mining Firm Moves Into Ethereum Reserve, Hailing ETH as ‘Digital Gold’

13/07/2025

Logic Meets Modularity in this Big Partnership

13/07/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.