YBFB – nigerianewsservice.com

Bolivia Adopts Cryptocurrency for Energy Imports Amid Dollar Shortage

March 12, 2025March 12, 2025 - by Liam O'Sullivan - Leave a Comment

Bolivia’s YPFB will use cryptocurrency for energy imports due to dollar shortages and a fuel crisis. This decision follows similar past attempts in Venezuela with the petro cryptocurrency, which faced …

Business

Bolivia’s YPFB to Implement Cryptocurrency for Energy Imports

March 12, 2025March 12, 2025 - by Victor Santos - Leave a Comment

The Bolivian state energy firm, YPFB, plans to utilize cryptocurrency for energy import payments to tackle its dollar shortage and dwindling foreign reserves amid a fuel crisis. This strategy is …