The Bolivian Monetary System Supervisory Authority (ASFI) has prolonged the deadline for the initiation of regulatory procedures for monetary know-how (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, revealed within the Monetary Regulation Digital Gazette on 28 November and thought of 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 accordance with official paperwork, solely 11 firms have submitted letters of intent by November 2025, and none have but entered the managed take a look at surroundings (ECP).
Six months after the promulgation of Supreme Decree No. 5384 regulating the structure and operation of monetary know-how firms in Bolivia for the primary time on Might 7, 2025, there was a lackluster response.
A brand new period for digital property in Bolivia?
As CriptoNoticias reported on the time, this new decision was introduced days after Financial 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 concerning digital property Throughout the administration of Rodrigo Paz, who was inaugurated as President of Bolivia on November 8, 2025.
The president is thought to incorporate cryptocurrency integration in his marketing campaign plans, creating optimistic expectations within the fintech and Bitcoin area.
Bolivia lifted its full ban on digital currencies in June 2024, and is at present pursuing supervised regulation, in contrast to 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 below the framework of authorized certainty and enhanced monetary client safety.
Firms that haven’t submitted a letter of intent by April 30, 2026 Operation and promoting as a fintech is prohibited. Accepted.
