US EditionBolivia Looks to El Salvador for Help Building Its Crypto Regulatory Framework
18 Articles
18 Articles
Bolivia Looks to El Salvador for Help Building Its Crypto Regulatory Framework
On Wednesday, Bolivia’s central bank announced that it had signed a formal agreement with El Salvador’s digital asset regulator, marking a significant step toward developing a legal and technical framework for cryptocurrency adoption in the Andean nation.The Central Bank of Bolivia (BCB) and El Salvador’s Comisión Nacional de Activos Digitales (CNAD) will collaborate on a broad range of crypto policy initiatives under the terms of a newly signed…
El Salvador Expands Global Leadership in Digital Assets with Bolivia Cooperation Pact.
The Central Bank of Bolivia (BCB) and El Salvador’s National Commission for Digital Assets (CNAD) have signed a memorandum of understanding to enhance bilateral cooperation in the regulation and supervision of digital assets. This agreement marks a significant step in regional collaboration amid growing interest in blockchain-based financial systems. Signed by CNAD President Juan Carlos Reyes and BCB Interim President Edwin Rojas Ulo, the memora…
In an unprecedented strategic turn, Bolivia has signed a signed cooperation agreement with El Salvador, opening the door to a new era in its financial policy. This agreement not only symbolizes a technical rapprochement between two Latin American nations, but also Bolivia’s attempt to rebuild its weakened economy through blockchain technology. While the country is facing one of the most serious economic crises in its history, with international …
El Salvador Steps In to Help Bolivia Draft Crypto Rules
The number of countries exploring and delving into digital assets continues to grow at a steady pace, with no limitations regarding their size or economic status. This latest alliance between two countries from this emerging market is a perfect example of how collaboration and the exchange of information can be of benefit. Fostering Adoption The Central Bank of Bolivia (BCB) has signed an agreement with El Salvador’s National Commission for Digi…
The central bank of Bolivia announced a collaboration agreement with El Salvador to build new regulations and accelerate the adoption of cryptocurrencies in the Andean nation. *** The central bank of Bolivia signed a memorandum of understanding with the government of El Salvador. It seeks to build new regulations and accelerate the adoption of cryptocurrencies in the Andean nation. Bolivia recognized that cryptocurrencies provide an alternative …
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