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.

Bolivia’s state energy firm, YPFB, will use cryptocurrency for energy imports amid a worsening fuel crisis. The country is struggling with declining gas exports and

Bolivia approves crypto for energy imports, tackling the economic crisis and foreign currency shortage with a new digital payment system.

Bolivia is facing a serious economic issue as the country has a severe lack of dollars and gasoline, forcing the state energy agency YPFB to use cryptocurrencies for energy imports.