TechFlow news, October 28 — According to Cointelegraph, Bolivia's Banco Bisa has launched a USDT stablecoin custodial service, allowing customers to buy, sell, and transfer USDT. The service is supported by Bolivia’s financial regulatory authority and aims to provide users with a secure cryptocurrency trading environment.
Banco Bisa stated that customers will go through a verification process to ensure secure transactions. Since the lifting of Bitcoin and cryptocurrency payment restrictions in June 2024, virtual asset trading volume in Bolivia has significantly increased, reaching an average monthly transaction value of $15.6 million.
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