🇧🇴 Bolivia

Bolivia currently bans cryptocurrency activities, including mining, as reaffirmed by the Central Bank of Bolivia (BCB) in recent resolutions reversing earlier bans. There is no explicit regulatory framework supporting crypto operations.

Overview

StatusBanned
Risk Score80/100 (Very High Risk)
Regionsouth america
CurrencyBOB

Tax

Capital Gains (Personal)No specific crypto guidance; general income tax at 13%
Capital Gains (Corporate)25% corporate tax
VAT on CryptoNo
Staking TaxNo specific guidance
Airdrop TaxNo specific guidance

Bolivia's tax authority has not issued crypto-specific guidance. The recent ban reversal is expected to prompt tax policy development.

Licensing

RequiredNo
RegulatorBCB / ASFI
FrameworkBCB Resolution (2024, reversing 2014 ban)
Easehard
CostN/A

The 2024 ban reversal allows financial institutions to work with virtual assets but the regulatory framework is still being developed. ASFI is expected to issue licensing requirements.

DeFi

Status: Unclear

Regulatory framework still developing after ban reversal.

Stablecoins

Status: no_rules

No framework yet.

NFTs

Status: no_rules

No regulation.

Mining

LegalNo
Electricity$0.05/kWh
Renewable40%
Infrastructurefair

Mining is banned in Bolivia as per the BCB Resolution 2024 reversing the 2014 ban. Electricity costs are low and renewables contribute significantly, but mining remains prohibited.

Geopolitics

Stabilitymoderate
SanctionsNo
Corruption Index31/100
Banking Accessrestricted

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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