Crypto payments soar 630% in Bolivia, central bank reports $430M since lifting ban
The Bolivian central bank reported on June 27 that domestic crypto transactions totaled $430 million in the 12 months since regulators reopened formal payment rails, a 630% jump over the previous year.
The Banco Central de Bolivia (BCB) reported that users processed 10,193 operations worth BOB 611 million as of May 31, 2025, approximately $88 million.
Natural persons executed 86% of those transfers, and men accounted for 77% of that cohort. The report counted flows only on channels registered with the financial system supervisor ASFI, leaving peer-to-peer activity outside the tally. Binance-linked rails moved the largest share.
First-half volumes highlight the pace. Crypto payments climbed from $46.5 million in the first six…
