De-Dollarization Watch: Bolivia to Launch Digital Currency to Tackle Cross-Border Payments

Edwin Rojas Ulo, president of the Central Bank of Bolivia, stated that the institution is currently consulting with international organizations regarding the design of a currency referred to as the “virtual boliviano,” which would facilitate international settlements. Central Bank of Bolivia to Launch Digital Currency With International Settlements in Mind Bolivia, which initially banned the […]

May 8, 2025 - 09:43
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De-Dollarization Watch: Bolivia to Launch Digital Currency to Tackle Cross-Border Payments
Bolivia to Modernize Payment System Launching Own Digital CurrencyEdwin Rojas Ulo, president of the Central Bank of Bolivia, stated that the institution is currently consulting with international organizations regarding the design of a currency referred to as the “virtual boliviano,” which would facilitate international settlements. Central Bank of Bolivia to Launch Digital Currency With International Settlements in Mind Bolivia, which initially banned the […]