Bolivia Partners with El Salvador to Build National Crypto Framework

Bolivia's central bank has entered a strategic partnership with El Salvador to develop a comprehensive framework for cryptocurrency regulation. The memorandum of understanding, signed in La Paz, establishes collaboration on blockchain intelligence, risk management, and policy development between the Central Bank of Bolivia and El Salvador's National Digital Assets Commission.

Crypto transactions in Bolivia surged from $46.5 million to $294 million between June 2024 and June 2025, following the introduction of Decree No. 082/2024 which liberalized digital asset regulations. The open-ended agreement enables knowledge sharing on technical implementation and regulatory best practices between the two nations.

This alliance marks a significant step in Latin America's cryptocurrency adoption, combining El Salvador's pioneering Bitcoin integration with Bolivia's emerging digital asset market. The partnership addresses Bolivia's tightening access to U.S. dollars while positioning both countries at the forefront of financial innovation in the region.