After Bolivia lifted the ban on cryptocurrencies, the trading of digital assets increased by 112%

ChainCatcher news, according to Bitcoin.com News, data shared by the Central Bank of Bolivia indicates that the country's crypto activity is overheating. According to the agency's data, following the lifting of a comprehensive ban on crypto operations earlier this year, trading of digital assets has increased by 112%.

More than 252,000 Bolivians hold digital assets and complete transactions on various platforms. Bank President Edwin Rojas Ulo pointed out that the trading volume in these operations exceeded $75 million in the past four months (from July to October 2024), which is a significant increase compared to the $46.4 million traded in the first and second quarters of 2024.