Bolivia partners with El Salvador in crypto regulatory push
Bolivia is taking a major step toward embracing cryptocurrencies by forming a strategic alliance with El Salvador.
On July 30, the Central Bank of Bolivia (BCB) and El Salvador’s National Commission of Digital Assets (CNAD) signed a memorandum of understanding to support the exchange of expertise in digital asset regulation and blockchain technologies.
This partnership will enable both countries to collaborate on key areas such as blockchain intelligence, regulatory frameworks, and risk management tools.
El Salvador, led by President Nayib Bukele, has become a global example of crypto adoption. It was the first country to make Bitcoin legal tender and has continued to expand its crypto reserves through daily purchases.
While…
