Overview
- The Central Bank of Bolivia and El Salvador’s CNAD signed an indefinite memorandum on July 30 to jointly develop cryptocurrency policy and technical standards.
- The agreement activates collaborative work on blockchain intelligence tools, risk analysis models and regulatory frameworks for digital assets.
- Bolivia’s crypto transaction volume climbed from $46.5 million in June 2024 to $294 million by June 2025 following its decree repealing the ban.
- State oil firm YPFB is authorized to use Bitcoin and USDT for fuel imports to alleviate foreign reserve shortfalls.
- Local businesses across Bolivia have begun pricing goods and accepting payments in Bitcoin and stablecoins to extend financial inclusion.