Bolivian bank Banco Bisa meluncurkan layanan pengamanan USDT.

Bank utama Bolivia, Banco Bisa, telah meluncurkan layanan kustodia untuk stablecoin USDT milik Tether, memungkinkan klien untuk membeli dan menjual crypto.

According to a report by local media El Deber, Banco Bisa officially launched a custody service for virtual assets, specifically the Tether (USDT) stablecoin USDT. The custody service offered by Banco Bisa enables clients to hold funds in USDT as well as transfer funds and make payments abroad using the stablecoin.

Vice President of Business at Banco Bisa, Franco Urquidi, said that all USDT transactions must be made to and from an account registered at Banco Bisa, guaranteeing security for the holders.

He emphasized the importance of providing wider educations for Bolivians on the use of digitals assets. To ensure security, the bank has partnered with international custodians and crypto exchanges. The firm has also taken further steps to tighten data protection and prevention of illicit activities.

“Klien-klien kami melewati proses verifikasi yang ketat, yang memberi mereka ketenangan pikiran bahwa transaksi-transaksi mereka dilakukan melalui saluran yang aman dan dapat dipercaya,” kata Urquidi.

Moreover, the bank offers USDT starting from a minimum of 200 USDT up to a daily limit of 10,000 USDT. For transactions made in USDT, the bank charges a service fee that ranges from 35 BOB to 100 BOB or equal to $4.90 up to $14.00 depending on the amount. Meanwhile, clients that want to make transfers with USDT to dollar accounts abroad get a fee of 280 BOB ($39.20).

Yvette Espinoza, seorang perwakilan dari regulator keuangan Bolivia, Autoridad de Supervisión del Sistema Financiero, menyetujui penawaran layanan kustodia kripto bank tersebut. Dia menyatakan bahwa layanan tersebut memungkinkan klien untuk melakukan transaksi kripto sesuai dengan kerangka regulasi Bolivia.

“This is a custody service that will allow clients to carry out various operations safely, reducing the risk of unsafe interactions in the cryptocurrency market,” said Espinoza.

Pada tahun 2014, Bolivia melarang penggunaan kriptokurensi, menjelaskan bahwa penggunaan Bitcoin di dalam negara tersebut adalah ilegal. Regulator melarang semua mata uang yang tidak diterbitkan atau diatur oleh pemerintah Bolivia.

However, on June 28, Bolivia lifted the ban on BTC and other forms of crypto, which opened the door for financial institutions to offer services that deal with digital assets.