The Bolivian Monetary System Supervisory Authority (ASFI) has prolonged the deadline for the initiation of regulatory procedures for monetary expertise (fintech) firms, together with digital forex exchanges. Firms at present have till April 30, 2026 to submit a letter of intent and regularize their operations.
Decision ASFI/1203/2025, printed within the Monetary Regulation Digital Gazette on November 28 and regarded by CriptoNoticias, amends Article 1 of Article 8 of the Regulation for Monetary Know-how Enterprises; We’re extending the interval that initially expired on December 31, 2025.
In keeping with official paperwork, solely 11 firms have submitted letters of intent by November 2025, and none have but entered the managed testing atmosphere (ECP).
Six months after the promulgation of Supreme Decree No. 5384 regulating the structure and operation of economic expertise firms in Bolivia for the primary time on Might 7, 2025, there was a lackluster response.
A brand new period for digital belongings in Bolivia?
As CriptoNoticias reported on the time, this new decision was introduced days after Economic system Minister José Gabriel Espinoza introduced the formal integration of Bitcoin and cryptocurrencies into Bolivia's banking system.
ASFI decision stands for: First concrete measures relating to digital belongings In the course of the administration of Rodrigo Paz, who was inaugurated as President of Bolivia on November 8, 2025.
The president is understood to incorporate cryptocurrency integration in his marketing campaign plans, creating constructive expectations within the fintech and Bitcoin house.
Bolivia lifted its full ban on digital currencies in June 2024, and is at present pursuing supervised regulation, not like El Salvador's Bitcoin-centered authorized introduction mannequin. On the territory of Bolivia, banks like Bisa are already providing USDT storage from 2024.
ASFI justifies the extension to encourage extra firms to regularize beneath the framework of elevated authorized certainty and monetary shopper safety.
Firms that haven’t submitted a letter of intent by April 30, 2026 Operation and promoting as a fintech is prohibited. Permitted.
(Tag Translation) Bolivia
