The Central Bank of Bolivia has published the first Boliviano Digital report and proposed a critical-path schedule for the development and gradual implementation of a wholesale central bank digital currency (CBDC) through 2026, aimed at strengthening the technological and operational infrastructure of the national financial system. The roadmap starts with structured technical dialogue between the central bank and financial intermediaries, public institutions, technology providers and other relevant stakeholders to identify use cases, define design principles and set collaborative governance arrangements. It then envisages a survey of potential participants in the CBDC ecosystem to gather perceptions, expectations and requirements, followed by a second technical and regulatory assessment report and dissemination of results in academic, financial and public forums. The final stage would develop functional prototypes in controlled test environments to simulate issuance, settlement and clearing among regulated entities, testing technological robustness, compatibility with existing infrastructures and operational security. The proposed work programme builds on a June 2024 board resolution that enabled the use of electronic payment channels and instruments for operations involving virtual assets, and references comparable exploration and pilot activity by other Latin American central banks.
Central Bank of Bolivia 2025-11-06
Central Bank of Bolivia sets phased roadmap to develop and implement the wholesale Boliviano Digital CBDC through 2026
The Central Bank of Bolivia released the first Boliviano Digital report, outlining a roadmap for developing a wholesale central bank digital currency (CBDC) by 2026. The plan includes technical dialogues with stakeholders, a survey of potential CBDC participants, and developing functional prototypes to test technological and operational aspects. This initiative follows a 2024 board resolution supporting electronic payment channels and aligns with similar efforts by other Latin American central banks.