Vavada Banner
BTC $66,656.00 (+1.05%)
ETH $2,004.89 (+1.00%)
BNB $612.99 (+0.39%)
XRP $1.34 (+0.94%)
SOL $82.61 (+0.18%)
TRX $0.32 (+1.82%)
DOGE $0.09 (+1.20%)
BCH $483.38 (+2.21%)
HYPE $39.63 (+3.39%)
ADA $0.25 (+0.53%)
LEO $9.61 (+0.48%)
XMR $329.61 (+1.21%)
LINK $8.50 (-0.11%)
CC $0.15 (+10.44%)
XLM $0.17 (+1.53%)
LTC $54.08 (+1.32%)
M $2.25 (+4.85%)
HBAR $0.09 (+1.44%)
RAIN $0.01 (-1.45%)
AVAX $8.77 (+0.44%)

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

-

NordVPN Banner