Bolivia and El Salvador Sign Agreement to Enhance Cryptocurrency Collaboration

According to PANews, the Central Bank of Bolivia (BCB) and El Salvador's National Digital Assets Commission (CNAD) have signed a memorandum of understanding to foster cooperation and information exchange in the field of cryptocurrency assets. The agreement aims to facilitate the sharing of technological and regulatory expertise, including the application of blockchain smart tools and risk analysis. BCB has expressed that this collaboration will allow Bolivia to draw on El Salvador's experience in virtual asset regulation and innovation, thereby promoting the secure and regulated development of Bolivia's digital asset ecosystem and attracting more investment. The agreement, effective immediately upon signing, is expected to provide more diverse financial options for families and small businesses.