Vavada Banner
BTC $65,577.00 (-2.44%)
ETH $1,927.38 (-4.65%)
BNB $611.84 (-1.54%)
XRP $1.35 (-2.57%)
SOL $81.66 (-4.93%)
TRX $0.28 (-1.13%)
DOGE $0.09 (-3.43%)
ADA $0.28 (-2.44%)
BCH $464.61 (-3.21%)
LEO $8.80 (+0.27%)
HYPE $27.32 (-3.22%)
CC $0.17 (-1.72%)
LINK $8.72 (-3.78%)
XMR $334.09 (-2.39%)
XLM $0.16 (-1.99%)
RAIN $0.01 (-1.26%)
HBAR $0.10 (-1.78%)
LTC $54.23 (-1.97%)
AVAX $8.93 (-3.32%)
ZEC $218.28 (-8.40%)

Bolivia vs New Caledonia

Crypto regulation comparison

← Back to map | Bolivia | New Caledonia
Bolivia

Bolivia

New Caledonia

New Caledonia

Legal
No Data

Bolivia reversed its 2014 cryptocurrency ban in June 2024, when the Central Bank issued a resolution allowing the use of cryptocurrencies and digital assets through authorized financial channels. The move was driven by the need for alternative payment mechanisms amid dollar shortages.

-

Tax Type Unclear
Tax Type Unclear
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator BCB (Banco Central de Bolivia), ASFI
Regulator -
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules -
Key Points
  • Bolivia banned crypto in 2014 via BCB Resolution 044/2014
  • Ban was lifted in June 2024 via new BCB resolution permitting crypto transactions
  • Reversal motivated by acute US dollar shortages in the country
  • Regulatory framework for VASPs is still being developed
  • Tax treatment of crypto remains largely unclear under Bolivian tax law
Key Points

-

Sources
Sources

-