The Bolivian Financial System Supervisory Authority (ASFI) has extended the deadline for the initiation of regulatory procedures for financial technology (fintech) companies, including virtual currency exchanges. Companies have until April 30, 2026 to submit a letter of intent and normalize their operations.
Resolution ASFI/1203/2025, published in the Financial Regulation Electronic Gazette on November 28 and considered by CriptoNoticias, amends Article 1 of Article 8 of the Regulation for Financial Technology Enterprises; We are extending the period that originally expired on December 31, 2025.
According to official documents, only 11 companies have submitted letters of intent by November 2025, and none have yet entered the controlled testing environment (ECP).
Six months after the promulgation of Supreme Decree No. 5384 regulating the constitution and operation of financial technology companies in Bolivia for the first time on May 7, 2025, there has been a lackluster response.
A new era for digital assets in Bolivia?
As CriptoNoticias reported at the time, this new resolution was announced days after Economy Minister José Gabriel Espinoza announced the formal integration of Bitcoin and cryptocurrencies into Bolivia’s banking system.
ASFI resolution stands for: First concrete measures regarding digital assets During the administration of Rodrigo Paz, who was inaugurated as President of Bolivia on November 8, 2025.
The president is known to include cryptocurrency integration in his campaign plans, creating positive expectations in the fintech and Bitcoin space.
Bolivia lifted its complete ban on virtual currencies in June 2024, and is currently pursuing supervised regulation, unlike El Salvador’s Bitcoin-centered legal implementation model. On the territory of Bolivia, banks like Bisa are already offering USDT storage from 2024.
ASFI justifies the extension to encourage more companies to regularize under the framework of increased legal certainty and financial consumer protection.
Companies that have not submitted a letter of intent by April 30, 2026 Operation and advertising as a fintech is prohibited. Approved.
(Tag Translation) Bolivia
