Bolivia turns to crypto

Bolivia Turns to Crypto Payments for Fuel Imports Amid Economic Struggles
Bolivia approves crypto payments for fuel imports to address dollar shortages and stabilize energy supplies amid an ongoing fuel crisis.
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,
Bolivia to use crypto to pay for energy imports — Report
Bolivia plans to use cryptocurrency to pay for energy imports amid a shortage of foreign currency and domestic gas production in the country.
Bolivia Cuts Fuel Subsidies as Economic Crisis Deepens
Bolivia’s socialist government curbed the fuel subsidies that have been a pillar of economic policy this century as the nation’s economic crisis deepens.
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.
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.
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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Bolivia’s lithium deals with China, Russia in limbo
Bolivia's 2024 lithium deals face parliamentary delays over transparency, environmental, and economic concerns.
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Bolivia’s petrochemical industry set to prosper thanks to new plant
Once one of the poorest countries in South America, Bolivia’s petrochemical industry has helped drive its economy forward, and with a new plant set to begin operations in a few months, YPFB ...
Bolivia set to start up China-funded steel plant
A China-funded steel plant in Bolivia first planned half a century ago is set to start production this month with enough output to cover half the country's needs, according to Bolivian officials.
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Bolivia Grants State-run Company Permission to Use Crypto to Buy Oil and Gas
Bolivia’s government has granted the state-run oil company YPFB permission to use crypto to buy oil and gas products. Find ...
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Bolivia courts controversy with lopsided lithium deals favouring China and Russia
Despite mounting criticism, the Bolivian government maintains that these partnerships will accelerate the nation's lithium industry development, promising that Bolivia will retain 51% of profits.
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Bolivia signs lithium production deals with Russian, Chinese companies
It is ready to share these competencies in order to fully assist Bolivia in the creation of a national lithium industry with a full production cycle,” the firm stressed. Other agreements signed ...
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Nuclear Industry Nanjing Construction Group Co. Ltd. Sucursal Bolivia (Nuclear Industry Nanjing Construction Group Bolivia)
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