El Salvador and Bolivia Sign MOU on Crypto Regulations
El Salvador and Bolivia don sign one memorandum of understanding to share expertise about crypto regulations, blockchain intelligence tools, risk analysis, and compliance. The MOU wey no get expiry, wey Acting President Edwin Rojas Ulo and CNAD President Juan Carlos Reyes García sign, na to help Bolivia develop better digital asset regulatory framework and make financial inclusion better. Since Bolivia comot their crypto ban for 2024, their monthly trading volume don jump from $46.5 million for June 2024 to $294 million for June 2025, with stablecoin USDT dey used well-well because USD scarce. State company YPFB dey accept crypto for fuel import now, e show say people dey really use am. El Salvador, first country wey use Bitcoin as legal tender through 2021 Bitcoin Law, dey mine BTC with volcanic energy and get 6,246 BTC (~$740 million). Their pro-innovation mindset don attract things like Bitfinex tokenized US Treasury bills and Tether relocate. Traders fit expect better crypto regulations and clarity from this partnership wey go make adoption easier and boost market confidence.
Bullish
Dis MOU wey El Salvador and Bolivia do tanda show sey dem dey take important steps to clear how to run tings and to make more people use cryptocurrencies, especially BTC and USDT. For short time, traders fit see say liquidity go dey higher and market go dey active pass before for dis stablecoin and Bitcoin as dem dey reduce confusion around regulations. To recognize USDT for fuel imports and the quick rise for Bolivia’s volume dey show sey demand dey now now. For long term, when digital asset rules clear, e dey attract big investors and e dey grow the system, this one strengthen good belief for BTC price movement and how people go dey use stablecoin across Latin America.