Bolivia's central bank governor: Adding cryptocurrencies to the national financial system could be a useful alternative
The governor of the Central Bank of Bolivia, Edwin Rojas Ulo, has mentioned the recent shift in the institution's stance towards cryptocurrencies and stablecoins.
According to reports, Rojas Ulo believes that the inclusion of cryptocurrencies in the national financial system could be a useful alternative, and the decentralization of these assets would "benefit commercial and private activities that purchase services, and of course meet different needs." However, some assets can be used as investment vehicles to generate income, but their volatility can be detrimental to users.