According to reports, Bolivia’s new president has put blockchain at the center of a plan to cut corruption and raise transparency in government finances.

Rodrigo Paz Pereira , who won the runoff that ended nearly two decades of rule by the Movement for Socialism, has made clean government a clear promise. He says modern ledgers can make money flows harder to hide.

Blockchain Plan For Transparency

Paz’s team is proposing the use of distributed ledgers for key public processes, including procurement and the tracking of public funds.

Based on reports, the Central Bank of Bolivia relaxed a previous ban on cryptocurrencies in June 2024, a move that has opened the door for banks and fintechs to work with digital assets while keeping the boliviano as the official currency.

Crypto activity i

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