TechFlow news, according to Cryptopolitan, the Central Bank of Bolivia (BCB) officially announced on June 26 that it will now allow cryptocurrency transactions, repealing Resolution No. 144/2020 implemented in December 2020.
This move was made through collaboration between the Central Bank of Bolivia, the Financial System Supervision Authority (ASFI), and the Financial Investigation Unit (UIF), in alignment with recommendations from the Latin American Financial Action Task Force (GAFILAT).
Additionally, the BCB plans to incorporate risk-related information on cryptocurrencies into its economic and financial education programs, aiming to educate the public on safely handling cryptocurrencies and understanding potential risks.
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