Bolivian bank Banco Bisa has launched a stablecoin custody service that allows customers to buy, sell and transfer USDT. The service will enable users to hold their assets, send them to relatives and make cross-border transfers, Bisa said.
Yvette Espinoza of the Bolivian financial regulator Autoridad de Supervisión del Sistema Financiero (ASFI) supports the bank's move and says it allows customers to trade cryptocurrencies within the country's regulatory framework. The regulator says it reduces the risk of unsafe interactions in the cryptocurrency market.
Bolivia's Banco Bisa launches USDT custody service
2024-10-28 08:03:30
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