TechFlow news, December 4 — According to CriptoNoticias, Bolivian cryptocurrency regulatory expert lawyer Ismael Franco González stated that Bolivia's banking sector is expected to accept USDT as real U.S. dollars by 2026, although the country will not formally adopt Bitcoin like El Salvador.
Franco noted that Bolivia’s new government has shown crypto-friendly policy signals, including statements from Economy Minister José Gabriel Espinoza about allowing banks to use cryptocurrencies, and the financial system regulator’s decision to extend the registration deadline for virtual asset service providers until 2026.
It is reported that due to a shortage of U.S. dollars and distorted official exchange rates, Bolivian citizens and businesses have widely turned to using USDT via services such as Binance P2P. Central bank data shows that from July 2024 to May 2025, Bitcoin and cryptocurrency transaction volumes surged by 630%. Franco believes the central bank could include cryptocurrencies as a means of payment through a board resolution, without waiting for comprehensive legislation.
