🇧🇴 Bolivia

Bolivia maintains a restricted regulatory stance on cryptocurrencies, with recent regulations including BCB Resolution 082/2024, Supreme Decree 5384/2025, and ASFI Circular 885/2025 governing ETFs and VASPs. Crypto mining is banned, and the regulatory environment limits crypto activities significantly.

Overview

StatusRestricted
Risk Score55/100 (High Risk)
Regionsouth america
CurrencyBOB

Tax Information

VAT on CryptoNo

No explicit tax details on cryptocurrencies were provided in the regulator page text.

Licensing & Registration

RequiredYes
RegulatorBCB / ASFI
FrameworkBCB Resolution 082/2024 + Supreme Decree 5384/2025 + ASFI Circular 885/2025
Easehard

Licensing is required for crypto service providers under recent regulations, with a formal framework established but considered restrictive and challenging to obtain.

Enforcement Activity

Level: Moderate

Previously enforced crypto ban strictly. Now transitioning to regulated approach.

CBDC

StatusResearch
Issuing AuthorityCentral Bank of Bolivia
Modelwholesale

AML / KYC

KYC RequiredYes
Travel RuleYes
FATF MemberYes
FATF Statuscompliant
FATF BodyGAFILAT
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: Restricted

DeFi activities are restricted under Bolivia's current regulatory framework, with limited clarity and significant regulatory controls.

Stablecoins

Status: Restricted

Stablecoins are subject to regulatory restrictions and must comply with the licensing and operational requirements set by the BCB and ASFI.

NFTs

Status: no_rules

No regulation.

Mining

LegalNo
Electricity Cost$0.05/kWh
Renewable Energy40%
Infrastructurefair

Crypto mining is banned in Bolivia. Electricity costs are low, and renewable energy accounts for 40% of the mix, but mining infrastructure is limited due to the ban.

Geopolitical Risk

Stabilitymoderate
SanctionsNo
Corruption Index31/100
Banking Accessrestricted
Sanctions Program ActiveNo

Risk Factors

Bolivia has moderate political stability with some economic and regulatory challenges. It is not under international sanctions but has restricted banking access for crypto firms and faces capital controls and regulatory uncertainty.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Bolivia?

Bolivia maintains a restricted regulatory stance on cryptocurrencies, with recent regulations including BCB Resolution 082/2024, Supreme Decree 5384/2025, and ASFI Circular 885/2025 governing ETFs and VASPs. Crypto mining is banned, and the regulatory environment limits crypto activities significantly.

What is the FATF status of Bolivia?

Bolivia is classified by FATF as: compliant.

Are VASPs licensed in Bolivia?

Yes, licensing is required for VASPs.

What is the AML/KYC regime in Bolivia?

KYC is mandatory for crypto businesses.

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Last reviewed: 2026-09-09 · Data source: Soken Crypto Legal Map

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