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Bolivia’s Central Bank Signs Agreement with El Salvador for Crypto Regulation
Bolivia's central bank has signed an agreement with El Salvador's digital asset regulator to develop a framework for cryptocurrency adoption in Bolivia.
- The Central Bank of Bolivia (BCB) and El Salvador’s Comisión Nacional de Activos Digitales (CNAD) will collaborate on crypto policy initiatives.
- The agreement includes joint efforts on blockchain intelligence tools, regulatory frameworks, and risk analysis models.
- Digital asset transaction volume in Bolivia grew from $46.5 million in June 2024 to $294 million in June 2025.
- This increase follows the passage of Decree No. 082/2024, which authorized broader crypto use.
- The CNAD oversees token offerings, registration of service providers, and supervision of crypto platforms in El Salvador.
- The agreement aims to build a transparent and regulated digital asset ecosystem in Bolivia.
- This marks a shift towards gradual regulatory engagement rather than restriction, focusing on modernization and innovation.
- The deal aligns Bolivia with other countries developing tailored crypto regulations amid rapid adoption in Latin America.