Bolivia is integrating cryptocurrencies and stablecoins into its banking system. Banks will be allowed to hold digital assets and use them in products like savings accounts and loans. The move aims to stabilise the economy, which struggles with inflation and dollar shortages. It also reflects how Bolivians already use stablecoins as a store of value. The reform could make Bolivia a regional leader in digital finance.
Meanwhile, a dormant multisig wallet linked to the memecoin LIBRA suddenly moved $9 million. The wallet, called “Milei,” transferred 69,000 SOL through multiple addresses. Analysts say the pattern suggests an attempt to conceal where the funds went. The move came as a US court was considering freezing LIBRA-related assets.
In Brazil, a new law exempts citizens earning up to 5,000 reais per month from income tax. While crypto gains are still taxed, the change could encourage middle-income households to invest in digital assets. Analysts warn that its effect will depend on financial knowledge, confidence, and clear regulations.
