BTC $64,693.00 (-4.99%)
ETH $1,858.89 (-6.03%)
XRP $1.34 (-6.49%)
BNB $588.27 (-6.08%)
SOL $78.11 (-8.48%)
TRX $0.29 (-0.77%)
DOGE $0.09 (-5.48%)
BCH $542.58 (-3.77%)
ADA $0.26 (-6.92%)
LEO $8.23 (-1.32%)
HYPE $27.74 (-7.20%)
CC $0.16 (+0.17%)
LINK $8.22 (-7.48%)
XMR $308.82 (-4.58%)
XLM $0.15 (-5.39%)
RAIN $0.01 (-1.16%)
HBAR $0.09 (-4.98%)
LTC $51.12 (-6.52%)
ZEC $233.24 (-10.07%)
AVAX $8.39 (-7.57%)

Bolivia vs Puerto Rico

Crypto regulation comparison

← Back to map | Bolivia | Puerto Rico
Bolivia

Bolivia

Puerto Rico

Puerto Rico

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

-