The Monetary System Supervision Authority (ASFI) of Bolivia prolonged the deadline for monetary know-how (fintech) corporations, together with cryptocurrency exchanges, to start their regulation course of. Firms now have till April 30, 2026 to submit their letter of intent and regularize their operations.
Decision ASFI/1203/2025, revealed on November 28 within the Digital Gazette of Monetary Regulation and reviewed by CriptoNoticias, modifies Article 1 of Part 8 of the Regulation for Monetary Know-how Firms and extends the time period that initially expired on December 31, 2025.
The official doc reveals that solely 11 corporations submitted their letter of intent till November 2025 and none have but entered the Managed Testing Surroundings (ECP).
The scant response happens six months after Supreme Decree No. 5384, issued on Might 7, 2025, regulated for the primary time the structure and operation of economic know-how corporations in Bolivia.
A brand new period for digital property in Bolivia?
The brand new decision was revealed days after the Minister of Financial system, José Gabriel Espinoza, introduced the formal integration of bitcoin and cryptocurrencies into the Bolivian banking system, as reported by CriptoNoticias on the time.
The ASFI decision represents the primary concrete measure on digital property throughout the federal government of Rodrigo Paz, who assumed the presidency of Bolivia on November 8, 2025.
The president, recognized for together with the mixing of cryptocurrencies in his electoral program, generates optimistic expectations within the fintech and bitcoin sectors.
Bolivia lifted its whole cryptocurrency ban in June 2024 and is now transferring ahead with its supervised regulation, not like El Salvador’s bitcoin-focused authorized adoption mannequin. In Bolivian territory, banks like Bisa already provide USDT custody since 2024.
The ASFI justifies the extension to encourage extra corporations to regularize underneath a framework of authorized certainty and better safety for monetary customers.
Firms that don’t current their letter of intent earlier than April 30, 2026 They are going to be prohibited from working and promoting as fintech approved.
