On Wednesday, the central bank of Bolivia announced that it had signed an official agreement with the regulator of digital assets of El Salvador, marking an important step towards the development of a legal and technical framework for the adoption of the cryptocurrency in the Andean nation.
The Central Bank of Bolivia (BCB) and the Comisión Nacional de Activos de Digital (CNAD) of El Salvador will collaborate on a wide range of cryptographic political initiatives under the terms of a newly signed memorandum of understanding. The agreement includes joint work on blockchain intelligence tools, regulatory frameworks and risk analysis models. It is open and takes effect immediately.
The change of strategy comes as the crypto uses accelerating in Bolivia. According to figures published by the BCB, the volume of digital asset transactions increased from $ 46.5 million in June 2024 to 294 million dollars in June 2025, an increase of more than six times after the adoption of decree n ° 082/2024, which authorized a wider use of cryptocurrency across the country.
The new agreement is based on El Salvador’s experience as the first country to adopt bitcoin as a legal offer and build a formal digital asset regulatory system. The CNAD, created after the Bitcoin law in 2021 of El Salvador, oversees the authorization of tokens offers, the recording of digital asset service providers and the supervision of platforms related to cryptography.
The acting president of the BCB, Edwin Rojas Ulo, and the president of CNAD, Juan Carlos Reyes García, signed the agreement to La Paz. The two institutions will share best practices aimed at supporting the objective of Bolivia to build a transparent, inclusive and well -regulated digital asset ecosystem, in particular for populations ill -served by traditional finance.
While Bolivia has historically adopted a prudent position on the crypto, the agreement signals an evolution towards progressive regulatory engagement rather than by restriction. Officials have stressed that cooperation with El Salvador will help Bolivia modernize its financial infrastructure while protecting stability and promoting innovation.
The agreement aligns Bolivia with an increasing number of countries exploring tailor -made cryptographic regulations in response to rapid adoption, in particular in Latin America. It also strengthens the role of El Salvador as a regional reference point for the integration of cryptography at the institutional level.
