Bolivia Sees 100% Increase in Crypto Trading Volume Following Ban Removal

Quick Summary:

Bolivia Sees 100% Increase in Crypto Trading Volume Following Ban Removal In a significant shift for the cryptocurrency landscape in Bolivia, the country has witnessed a 100% increase in the average monthly cryptocurrency trading volume following the removal of the Bitcoin and cryptocurrency payments ban in June 2024.

Infrastructure Development: To support the continued growth of crypto adoption, Bolivia will need to invest in developing the necessary infrastructure, including crypto exchanges, payment gateways, and wallet services.

The rise in cryptocurrency trading activity also coincided with a 141% increase in the number of cryptocurrency transactions over the past three months, compared to the first half of 2024.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: IndiaBolivia

Topics: Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-28 @ 07:42:40 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 976 words

Reading Time: 6 minutes read

Sentences: 39 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22758257

View Article Analysis

About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 13 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

Frequently Asked Questions