The evolution of crypto policy in Bolivia
Key takeaways
- Bolivia’s crypto policy evolved from an outright ban in 2014 to partial adoption by March 2025, with significant regulatory changes in 2024.
- The Banco Central de Bolivia (BCB) initially banned cryptocurrencies to protect the national currency, the Boliviano, but lifted the ban in June 2024, allowing transactions via authorized electronic means.
- As of March 2025, state energy firms were reportedly planning to use cryptocurrencies for fuel imports, reflecting economic adaptation and financial modernization.
- Bolivia’s crypto policy evolution aligns with wider crypto regulations in Latin America, where countries are gradually integrating digital currency policies into their financial systems.
Bolivia has had a…
