BTC $68,102.00 (+0.24%)
ETH $1,975.54 (+0.50%)
XRP $1.43 (+0.05%)
BNB $625.92 (-0.31%)
SOL $85.23 (+0.63%)
TRX $0.29 (+1.48%)
DOGE $0.10 (-1.88%)
BCH $562.11 (-0.10%)
ADA $0.28 (-1.41%)
LEO $8.26 (-2.77%)
HYPE $29.88 (-1.57%)
LINK $8.88 (-0.74%)
CC $0.16 (-0.21%)
XMR $323.16 (-3.00%)
XLM $0.16 (-1.54%)
RAIN $0.01 (-2.57%)
ZEC $260.25 (-0.63%)
HBAR $0.10 (-0.96%)
LTC $54.68 (-0.72%)
AVAX $9.08 (-0.73%)

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

-