Overview
- The MoU commits Bolivia’s central bank and El Salvador’s CNAD to collaborate indefinitely on crypto policy, technical standards and risk management.
- Digital asset transactions in Bolivia climbed from $46.5 million in June 2024 to $294 million by June 2025 after a crypto ban was repealed.
- Bolivia will tap El Salvador’s 2021 Bitcoin Law model, drawing on operational insights from its pioneering legal tender rollout.
- Officials aim to boost financial inclusion by promoting cryptocurrencies as stable alternatives as the boliviano loses value.
- Institutional steps such as Banco Bisa’s USDT custody launch and YPFB’s plans to use crypto for fuel imports underscore growing adoption.