Natural persons star in 86% of operations, using digital assets for payments.
The Government promotes a regulatory framework and the BCB launches workshops to educate about the use of Bitcoin.
Faced with the shortage of dollars in Bolivia, the use of Bitcoin (BTC) and other digital assets shot 630% in a year, reaching the USD 430 million in operations, according to the Central Bank of Bolivia (BCB).
This boom responds directly to the need of country residents and businesses, who resort to digital assets such as Bitcoin and Stablecoins (such as USDT of Tether) as a Value refuge and an alternative means.
Growth accelerated exponentially. The volume of transactions that registered the BCB He jumped from 46.5 million dollars in the first half of 2024 to 294 million dollars in the same 2025 period.
In parallel, the Financial System Supervision Authority (ASFI) informs that Operations in formal bank were multiplied by 12reaching 10,193 transactions for 611 million Bolivians, the official currency of the South American country.
Data break down a market dominated by natural persons, who star in 86% of operations. Within this group, men lead with a 77%participation.
After all, the boom of Bitcoin and other digital assets demonstrates how directory resolution No. 082/2024, which reversed the 2020 prohibition, opened an exhaust valve so that Families and small entrepreneurs can continue to make remittances, purchases and international payments.
This new scenario, which completely reverses the restrictive position of the past, forced the BCB to recognize the boom, and also to act. This is because the financial institution now intensifies An education plan with workshops throughout the country To inform about the operation and risks of these assets, which grew in an environment of little initial regulation.
Similarly, the BCB reports that to channel this emerging market, the National Government promotes a new regulatory framework (DS N ° 5384) that aligns to international recommendations. The standard seeks to regulate Fintech companies and defines the figure of the virtual asset services supplier (PSAV). While the Central Bank of Bolivia says that it will maintain constant monitoring.
