• Education
    • Higher Education
    • Scholarships & Grants
    • Online Learning
    • School Reforms
    • Research & Innovation
  • Lifestyle
    • Travel
    • Food & Drink
    • Fashion & Beauty
    • Home & Living
    • Relationships & Family
  • Technology & Startups
    • Software & Apps
    • Startup Success Stories
    • Startups & Innovations
    • Tech Regulations
    • Venture Capital
    • Artificial Intelligence
    • Cybersecurity
    • Emerging Technologies
    • Gadgets & Devices
    • Industry Analysis
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy
Today Headline
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
Today Headline
No Result
View All Result
Home Technology & Startups

Bolivia turns to crypto for energy imports amid dollar, fuel shortages

March 12, 2025
in Technology & Startups
Reading Time: 2 mins read
A A
0
3
SHARES
6
VIEWS
Share on FacebookShare on Twitter


LA PAZ (Reuters) – Bolivia’s state energy firm YPFB will use cryptocurrency to pay for energy imports amid a painful shortage of dollars and fuel in the landlocked South American nation, a company spokesperson and a government official told Reuters on Wednesday.

The country is battling a dangerous slide in foreign currency reserves afters years of dwindling exports of natural gas, which has sparked off a fuel crisis in the country with regular long lines at gas stations and scattered protests.

A spokesperson for state-run energy firm YPFB told Reuters that a system had been put in place to use cryptocurrency to purchase fuel imports after a government approval to use digital assets to help meet demand.

“From now on, these (cryptocurrency) transactions will be carried out,” the spokesperson said, adding that the new purchasing system was designed to help support national fuel subsidies in Bolivia amid a shortage of hard currency.

A government spokesperson said that YPFB had not yet made use of digital currency to purchase energy imports, but that it was planned to do so.

Bolivia, for decades a net energy exporter due its large reserves of gas, has become reliant on imports as domestic gas production has dwindled amid a lack of major new finds.

(Reporting by La Paz newsroom and Lucinda Elliott; Writing by Adam Jourdan)

Tags: Boliviafuel importsgas stationsgovernment spokespersonYPFB
Previous Post

Pakistani forces in standoff with militants aboard hijacked train as 190 passengers rescued

Next Post

German police bust car dealer over illegal secret exports to Russia

Related Posts

Oil prices set for weekly drop with tariff legal battles, OPEC+ in focus

May 30, 2025
2

Enterprise Products says its China exports could fall due to license requirement

May 29, 2025
1
Next Post

German police bust car dealer over illegal secret exports to Russia

  • Trending
  • Comments
  • Latest
Family calls for change after B.C. nurse dies by suicide after attacks on the job

Family calls for change after B.C. nurse dies by suicide after attacks on the job

April 2, 2025
Pioneering 3D printing project shares successes

Product reduces TPH levels to non-hazardous status

November 27, 2024

Hospital Mergers Fail to Deliver Better Care or Lower Costs, Study Finds todayheadline

December 31, 2024

Police ID man who died after Corso Italia fight

December 23, 2024
Harris tells supporters 'never give up' and urges peaceful transfer of power

Harris tells supporters ‘never give up’ and urges peaceful transfer of power

0
Des Moines Man Accused Of Shooting Ex-Girlfriend's Mother

Des Moines Man Accused Of Shooting Ex-Girlfriend’s Mother

0

Trump ‘looks forward’ to White House meeting with Biden

0
Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

0
New Zealand's interest rates in neutral zone, data to decide next move, central bank official says

New Zealand's interest rates in neutral zone, data to decide next move, central bank official says todayheadline

May 30, 2025
ET logo

AP SSC Supplementary Result 2025: BSEAP Class 10 supply results expected soon at bse.ap.gov.in — check date, websites todayheadline

May 30, 2025
A pot lying in sandy ground

Remains of 3,000-Year-Old Maya City Discovered in Guatemala : ScienceAlert todayheadline

May 30, 2025
SpaceX to launch GPS III-7 mission on Falcon 9 rocket from Cape Canaveral – Spaceflight Now

SpaceX to launch GPS III-7 mission on Falcon 9 rocket from Cape Canaveral – Spaceflight Now

May 30, 2025

Recent News

New Zealand's interest rates in neutral zone, data to decide next move, central bank official says

New Zealand's interest rates in neutral zone, data to decide next move, central bank official says todayheadline

May 30, 2025
1
ET logo

AP SSC Supplementary Result 2025: BSEAP Class 10 supply results expected soon at bse.ap.gov.in — check date, websites todayheadline

May 30, 2025
2
A pot lying in sandy ground

Remains of 3,000-Year-Old Maya City Discovered in Guatemala : ScienceAlert todayheadline

May 30, 2025
3
SpaceX to launch GPS III-7 mission on Falcon 9 rocket from Cape Canaveral – Spaceflight Now

SpaceX to launch GPS III-7 mission on Falcon 9 rocket from Cape Canaveral – Spaceflight Now

May 30, 2025
2

TodayHeadline is a dynamic news website dedicated to delivering up-to-date and comprehensive news coverage from around the globe.

Follow Us

Browse by Category

  • Africa
  • Asia
  • Basketball
  • Business & Finance
  • Climate Change
  • Crime & Justice
  • Cybersecurity
  • Economic Policies
  • Elections
  • Entertainment
  • Entrepreneurship
  • Environmental Policies
  • Europe
  • Football
  • Gadgets & Devices
  • Health
  • Medical Research
  • Mental Health
  • Middle East
  • Motorsport
  • Olympics
  • Politics
  • Public Health
  • Relationships & Family
  • Science & Environment
  • Software & Apps
  • Space Exploration
  • Sports
  • Stock Market
  • Technology & Startups
  • Tennis
  • Travel
  • Uncategorized
  • Us & Canada
  • Wildlife & Conservation
  • World News

Recent News

New Zealand's interest rates in neutral zone, data to decide next move, central bank official says

New Zealand's interest rates in neutral zone, data to decide next move, central bank official says todayheadline

May 30, 2025
ET logo

AP SSC Supplementary Result 2025: BSEAP Class 10 supply results expected soon at bse.ap.gov.in — check date, websites todayheadline

May 30, 2025
  • Education
  • Lifestyle
  • Technology & Startups
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy

© 2024 Todayheadline.co

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business & Finance
  • Corporate News
  • Economic Policies
  • Entrepreneurship
  • Market Trends
  • Crime & Justice
  • Court Cases
  • Criminal Investigations
  • Cybercrime
  • Legal Reforms
  • Policing
  • Education
  • Higher Education
  • Online Learning
  • Entertainment
  • Awards & Festivals
  • Celebrity News
  • Movies
  • Music
  • Health
  • Fitness & Nutrition
  • Medical Breakthroughs
  • Mental Health
  • Pandemic Updates
  • Lifestyle
  • Fashion & Beauty
  • Food & Drink
  • Home & Living
  • Politics
  • Elections
  • Government Policies
  • International Relations
  • Legislative News
  • Political Parties
  • Africa
  • Asia
  • Europe
  • Middle East
  • Artificial Intelligence
  • Cybersecurity
  • Emerging Technologies
  • Gadgets & Devices
  • Industry Analysis
  • Basketball
  • Football
  • Motorsport
  • Olympics
  • Climate Change
  • Environmental Policies
  • Medical Research
  • Science & Environment
  • Space Exploration
  • Wildlife & Conservation
  • Sports
  • Tennis
  • Technology & Startups
  • Software & Apps
  • Startup Success Stories
  • Startups & Innovations
  • Tech Regulations
  • Venture Capital
  • Uncategorized
  • World News
  • Us & Canada
  • Public Health
  • Relationships & Family
  • Travel
  • Research & Innovation
  • Scholarships & Grants
  • School Reforms
  • Stock Market
  • TV & Streaming
  • Advertise with Us
  • Privacy & Policy
  • About us
  • Contact

© 2024 Todayheadline.co