The Central Bank of Bolivia released updated figures showing a sharp rise in virtual asset activity since it enabled the use of electronic payment channels and instruments for virtual asset transactions 12 months ago, with cumulative volumes reaching USD 430 million since the measure was introduced. Transaction volume increased from USD 46.5 million in the first half of 2024 to USD 294 million in the first half of 2025, a rise of more than 630%. Separately, financial system data from the Financial System Supervisory Authority show that, since July 2024, virtual asset transactions increased 12-fold to 10,193 operations totaling BOB 611 million as of 31 May 2025. Natural persons accounted for 86% of activity, with men representing 77% of participants. The central bank also reported stepped-up economic and financial education workshops on the characteristics, risks and operation of virtual assets, and noted the government’s Supreme Decree No. 5384 establishing a framework for fintech companies that defines tokenised assets, virtual assets, blockchain and tokens and introduces the concept of a virtual asset service provider. The central bank said it will continue to monitor developments in the virtual asset market and encouraged the public to remain informed.
Central Bank of Bolivia 2025-06-27
Central Bank of Bolivia reports virtual asset transactions reached USD 430 million one year after enabling electronic payment channels
The Central Bank of Bolivia reported a significant increase in virtual asset activity, with transaction volumes rising from USD 46.5 million in early 2024 to USD 294 million in early 2025. Financial system data indicates a 12-fold increase in virtual asset transactions since July 2024, totaling BOB 611 million by May 2025. The bank highlighted ongoing educational efforts and the government's Supreme Decree No. 5384, establishing a regulatory framework for fintech companies and virtual assets.