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Bolivia’s surging crypto market amid chile’s Bitcoin skepticism

Bolivia’s crypto transactions increased 112%: Bolivia has seen a remarkable 112% increase in crypto transactions following the lifting of a ban. Over 252,000 PEOPLE in Bolivia are actively involved in cryptocurrency trading, contributing to a transaction volume exceeding $75 million in just four months.

Chile rejects Bitcoin integration due to risk: The Central Bank of Chile has rejected integrating Bitcoin into its reserves, prioritizing financial stability. The bank emphasized that cryptocurrencies lack the criteria of liquidity, security and market access, which are essential for reserve assets, according to International Monetary Fund guidelines.

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