By Los Tiempos: ASFI Acknowledges Bolivia Has No International Power Over Cryptocurrency Use Cryptocurrency use is growing around the world. | Economia3.com After Bolivia’s Central Bank (BCB) approved the use of cryptocurrencies in the country for transactions, the Financial System Supervisory Authority (ASFI) took another step by enacting regulations for the operation of financial technology…
Tag: international reserves
Gold Reserves at Risk by 2026 Due to Bond Collateral Plan | Sin reservas de oro para 2026 por uso en bonos
By Unitel, Eju.tv: Economist: Bolivia could run out of gold reserves by 2026 if used as collateral to issue bonds The draft law for the 2025 General State Budget (PGE) includes a provision allowing the Central Bank of Bolivia (BCB) to issue sovereign bonds using gold reserves as collateral, a measure criticized by Cebec. From…
The need for dollars and camouflage in works | La necesidad de dólares y el camuflaje en obras
Germán Huanca Luna, Urgente.bo: We repeat, the Social Community Productive Economic Model of the MAS does not work. The government takes advantage of the ignorance in economic matters of the social organizations and uses political blackmail for the approval of credits. Although the origin of the economic crisis and the lack of dollars has been…
Gold Law is a blank check to squander reserves | Ley del Oro es un cheque en blanco para dilapidar reservas
El Diario: Diputado Carlos Alarcón (CC) CREDITOS / RRSS Alert for international reserves The deputy for the Comunidad Ciudadana (CC), Carlos Alarcón, warned that the government of the Movimiento al Socialismo (MAS) intends to approve regulations that evade the control of the Plurinational Legislative Assembly (ALP) in international operations related to the purchase and sale…
Jubileo recommends BCB to use clear rules
ANF reports in El Deber: Jubileo recommends BCB to use clear rules The BCB reported that YPFB pays concessional loans. The rest benefits from its five-year grace period. The Jubileo Foundation recommended the Central Bank of Bolivia (BCB) to apply clear rules for the use of international reserves, as these are not freely available. It…
Bolivian Central Bank former president suggests prudent use of the Net International Reserves
ANF reports in El Deber: BCB president suggests prudent use of the RIN The former president of the Central Bank of Bolivia (BCB), Antonio Morales recommended that the Government use prudently the Net International Reserves (NIR) because if they fall, they could raise doubts about the soundness of the financial system. He also asked to…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 