Bitcoin News Today: Bolivia Joins El Salvador in Developing Crypto Regulatory Framework

Bolivia has entered a formal cooperation agreement with El Salvador’s National Commission for Digital Assets (CNAD) to develop a comprehensive regulatory framework for digital assets. The Central Bank of Bolivia (BCB) and CNAD signed a memorandum of understanding (MoU) to facilitate knowledge sharing on regulatory frameworks, blockchain intelligence tools, and risk analysis models. The collaboration aims to build a transparent and inclusive digital asset ecosystem in Bolivia, particularly for populations underserved by traditional financial systems [1].

The decision follows a significant rise in crypto transaction volume within Bolivia, which increased from $46.5 million in June 2024 to $294 million in June 2025. This surge, attributed to the passage of Decree No. 082/2024, has prompted a shift from previous restrictions to a more open and structured approach to crypto regulation. The BCB emphasized that the agreement with El Salvador will help modernize Bolivia’s financial infrastructure while balancing innovation with stability [2].

El Salvador, the first country to adopt Bitcoin as legal tender, will serve as a model for Bolivia’s regulatory development. CNAD, established after El Salvador’s 2021 Bitcoin Law, oversees token offerings, service providers, and platform regulation. By drawing on this experience, Bolivia aims to build a sustainable digital asset environment and foster innovation in fintech [1]. The partnership also highlights a broader regional trend in Latin America toward adopting tailored crypto regulations in response to growing adoption [3].

Bolivia’s shift signals a strategic reorientation in its economic policy, aligning with global movements that recognize the potential of digital currencies in promoting financial inclusion and resilience. The MoU reflects a shared understanding of the benefits of integrating digital assets into a well-regulated system [4]. Both parties have emphasized that the collaboration will focus on developing policies that protect consumers while supporting the expansion of digital financial services.

The agreement, signed by BCB Acting President Edwin Rojas Ulo and CNAD President Juan Carlos Reyes García, is open-ended and will involve joint efforts in building regulatory standards and monitoring tools. It marks a move from caution to gradual regulatory engagement, as officials seek to harness the opportunities of the digital economy without compromising financial stability [1].

Sources:

[1] Bolivia Looks to El Salvador for Help Building Its Crypto Regulatory Framework

(CoinDesk, https://www.coindesk.com/policy/2025/07/31/bolivia-looks-to-el-salvador-for-help-building-its-crypto-regulatory-framework)

[2] Bolivia Partners with El Salvador to Build National Crypto Framework

(Coinpedia, https://coinpedia.org/news/bolivia-partners-with-el-salvador-to-build-national-crypto-framework/)

[3] The White House Formally Acknowledges a Strategic

(Facebook, https://www.facebook.com/manuel.guevarra.369210/posts/the-white-house-formally-acknowledges-a-strategic-bitcoin-reserve-marking-bitcoi/733454746234403/)

[4] The Challenges and Breakthroughs of Public Goods from

(MEXC, https://www.mexc.com/zh-MY/news/the-challenges-and-breakthroughs-of-public-goods-from-the-perspective-of-ethereum-infrastructure-iteration/63105)