Bolivia continues to evolve its cryptocurrency legislation, moving from a ban on their use to allowing banks to operate with digital assets. In 2025, the country's authorities legalized trading and ownership of stablecoins, although their use for business payments remains prohibited.
Crypto Regulations in Bolivia 2025
In 2025, Bolivia underwent significant changes in its cryptocurrency legislation.
- On May 23, 2025, an order was issued prohibiting the state oil company YPFB from using cryptocurrencies for payments. - On May 7, 2025, the government confirmed the recognition of disruptive technologies such as blockchain and tokenized assets, establishing a legal framework for fintech companies. - On April 16, 2025, a resolution was adopted that initiated the primary recognition of virtual assets and virtual asset service providers.
What is the Bolivian government saying about crypto?
The Bolivian government launched public awareness campaigns to educate citizens about cryptocurrencies, informing them of risks and the basics of dealing with digital assets.
The Central Bank of Bolivia (BCB) is drafting new regulations focused on transparency and safety to prevent cryptocurrency scams. In March 2025, BCB began utilizing USD-pegged stablecoins for international transactions.
Crypto License in Bolivia 2025
Currently, Bolivia does not have a specific cryptocurrency license. The government is concentrating on ensuring financial stability and capital preservation for digital assets. As a result, no license is required to conduct legal crypto activities.
By regulating cryptocurrency, Bolivia aims to maintain stability and innovation in its financial market. Despite the ban on using crypto for energy transactions, the government is working to mitigate the risks associated with digital assets, while also recognizing their potential benefits for the economy.
