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Bolivian Central Bank Reported 27 June that home crypto transactions amounted to $ 430 million in 12 months of regulatory organs Repeated formal payment rails630% jump over the previous year.
Banco Central de Bolivia (BCB) said users processed 10 193 Operations worth BOB 611 million as of 31. May 2025, approximately $ 88 million.
Natural persons carried out 86% of these gears and men represented 77% of this cohort. The report calculates that it only flows on channels registered with the ASFI financial system and leaves the activity peer-to-peer out of the sum. Binance-The tied rails have shifted the largest share.
The bundles of the first half emphasize the pace. Crypto payments climbed from $ 46.5 million in the first six months of 2024 to $ 294 million in comparable window 2025.
Growth is governed by a resolution 082/2024, issued last June 25, which formally recognized “virtual assets” and allowed banks to direct customer orders to the stock exchange.
Bolivia has expanded the use of crypto to the public sector on March 13, when the authorities allowed the National Energy Company YPFB Pay for fuel imports using digital assetsHe quoted an acute lack of dollar and ongoing fuel supply tension.
BCB said it would publish quarterly dashboards on stock exchange activities and cooperate with the Sin tax authority to integrate the wallet analysis into existing value -added tax records.
Banks have to report on the Krypto ladder and maintain screening in real time against the Office of Coustment Assets Control. The regulators marked 27 accounts for an improved test, but no fines were reviewed during the period.
Officials warned that custody wallets were excluded from the National Deposit Insurance system.
They urged users to keep their private keys offline before logging in and verify the spelling of the domain name. Literacy modules include live demonstrations of deep investment fraud that recently focused on WhatsApp in La Paz.
In May, President Luis Arce has advanced the framework with the highest Decree 5384 and created licenses for FINTECH companies and virtual actis service providers.
The Decree orders controls against money laundering in accordance with GAFILAT instructions and defines the tokenized assets, blockchain networks and binding obligations. ASFI has 40 working days to publish the implementation of the rules.
The BCB paired the legal overwork with a campaign of national literacy. Officials planned workshops in all nine departments to cover private key administration, pricing volatility and fraud prevention.
“Modern digital tools can improve economic activity, but citizens must understand the risks,” the report said.