Bolivia Bans Crypto for Energy Payments Over Market Fears
Bolivia’s presidential order 5399 bans crypto fuel payments. Goal is to maintain the boliviano currency and reduce volatility. Dollar shortages and fuel crisis prompted earlier crypto adoption. The Bolivian government has forbidden the national oil corporation, Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), from making energy purchases using cryptocurrency. On May 29, 2025, President Luis Arce signed … Read more