Bolivia lifts ban on Bitcoin and other cryptocurrencies

Odaily News Bolivia has lifted its ban on Bitcoin and other cryptocurrencies. The ban came into effect in December 2020. On June 26, the Central Bank of Bolivia (BCB) officially announced that banks can now conduct cryptocurrency transactions. However, although cryptocurrencies can now be traded through authorized electronic channels, the Bolivian Central Bank reminds citizens that cryptocurrencies are not considered legal tender. (Cryptopolitan)