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Key Takeaways
- Toyosa added BTC beside bolivianos, dollars and USDT.
- Towerbank processes payments; BitGo provides infrastructure.
- Settlement may use BTC or converted funds.
- No completed Bitcoin sale was identified.
- Fees, confirmations and refund terms remain unknown.
Toyosa confirmed Bitcoin checkout, not BTC ownership
Toyosa introduced the payment option at Expocruz in Santa Cruz on September 18. Bitcoin joined bolivianos, US dollars and USDT as ways to purchase a Toyota vehicle through the Bolivian distributor, according to local coverage of the launch.
Toyosa is Toyota’s official distributor in Bolivia. The decision applies to Toyosa’s local sales operation, not to Toyota Motor Corporation or its global dealer network.
The rollout follows Bolivia’s 2024 decision ...
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