Nigeria, March 13 -- Bolivia has decided to use cryptocurrency for paying for fuel imports due to a shortage of dollars.

The government has granted the state-owned oil company YPFB permission to conduct transactions in digital currencies.

This move comes as the country faces a worsening economic situation, where declining gas exports have drained its foreign reserves.

With fewer dollars available, it has become harder to secure funding for essential imports like fuel.

This shortage has led to long lines at gas stations, frustrating the public.

To tackle the issue, the government approved the use of crypto for fuel payments, though these transactions have not started yet.

Officials hope that using digital currencies will help stabil...