---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "south_america", "gafilat", "restricted"]
aliases: ["BO", "BOL"]
created: 2026-04-13
updated: 2025-12-01
compile_into: ["[[country--bolivia]]"]
sources:
  - name: "Banco Central de Bolivia"
    url: "https://www.bcb.gob.bo"
    type: "official"
---

# 🇧🇴 [[country--bolivia|Bolivia]] (BO) — Crypto Regulation

> In June 2024 the Banco Central de Bolivia (BCB) reversed its 2014 blanket ban via Resolution 082/2024, permitting financial institutions to transact in virtual assets under regulated conditions. Full licensing framework for non-bank VASPs is still in development.

## Overview

| Field | Value |
|-------|-------|
| Status | Restricted |
| Risk Score | 80/100 (Very High Risk) |
| Enforcement Level | Moderate |
| Region | [[domain--south-america|south america]] |
| Currency | [[entity--bob|BOB]] |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | No specific crypto guidance; general income tax at 13% |
| Capital Gains (Corporate) | 25% corporate tax |
| VAT on Crypto | No |
| Mining Tax | No specific guidance |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |

Bolivia's tax authority has not issued crypto-specific guidance. The recent ban reversal is expected to prompt tax policy development.

## Licensing

| Field | Value |
|-------|-------|
| Required | No |
| Regulator | [[entity--bcb|BCB]] / ASFI |
| Framework | BCB Resolution (2024, reversing 2014 ban) |
| Ease | hard |
| Cost | N/A |
| Timeline | N/A months |

The 2024 ban reversal allows financial institutions to work with virtual assets but the regulatory framework is still being developed. ASFI is expected to issue licensing requirements.

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | Yes |
| Travel Rule | No |
| FATF Member | No |
| FATF Status | grey_list |

## DeFi

**Status:** Unclear

Regulatory framework still developing after ban reversal.

## Stablecoins

**Status:** no_rules

No framework yet.

## NFTs

**Status:** no_rules

No regulation.

## Mining

| Field | Value |
|-------|-------|
| Legal | No |
| Electricity Cost | $0.05/kWh |
| Renewable Energy | 40% |
| Climate | tropical |
| Infrastructure | fair |

Mining is banned in Bolivia as per the BCB Resolution 2024 reversing the 2014 ban. Electricity costs are low and renewables contribute significantly, but mining remains prohibited.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 31/100 |
| Ease of Business | difficult |
| Internet Freedom | partly_free |
| Banking Access | restricted |

## Enforcement

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

## CBDC Status: none

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-04-13.*

**Sources:**
- [Banco Central de Bolivia](https://www.bcb.gob.bo)