Bolivia Commits to Cryptocurrency Regulation Amid Dollar Shortages

Bolivia has committed to developing a regulatory and supervisory framework for cryptocurrencies as part of its economic program with the International Monetary Fund (IMF).

The planned rules aim to curb illicit capital outflows through crypto markets, but no implementation deadline has been set.

USDT use has grown amid dollar shortages, while the government is considering formally integrating the stablecoin into the national payment system.