He Central Bank of Bolivia (BCB) He has signed a memorandum of understanding with the National Commission of Digital Assets (CNAD) of El Salvador to promote and facilitate mutual cooperation in the development of cryptoactive in Bolivia, As announced by the institution in a statement.
The agreement includes promoting experiences, as well as technical and regulatory knowledge in the sector, such as the use of Blockchain intelligence toolstraceability of digital assets or risk analysis, among other topics.
Interest in virtual assets in Bolivia It has been such that in the last year its use in this country of 46.5 million dollars has been triggered in June 2024 to 294 million dollars a year later.
As explained by the Central Bank, the agreement enters into force this Wednesday and will have an indefinite extension to consolidate the progress made in the use of digital assets as a viable and reliable alternative to traditional currencies in Bolivia, especially for families and small entrepreneurs.
