On May 30, Bolivian authorities arrested 60 ‘cryptocurrency promoters’. Seems like the swan song of cryptocurrency markets in the country.
Bolivia has always been hostile towards Bitcoin and cryptocurrency, as the government didn’t want any uncontrolled currency in the market. They prohibited the use of any cryptocurrencies back in 2014, having motivated their ban by their wish to protect the Bolivian national currency, the boliviano.
You can read the full article and take part in the discussion here:
https://coinidol.com/a-requiem-for-bitcoin-in-bolivia/
