Regulatory Alerts2014-06-05 | RESOLUCION DE DIRECTORIO Nº 044/2014Added · Updated
Board Resolution No. 044/2014
The Board of the Central Bank of Bolivia prohibits the use of currencies not issued or regulated by states, countries, or economic zones, as well as electronic payment orders in currencies and monetary denominations not authorized by the Central Bank, within the national payments system. This prohibition applies to virtual currencies such as Bitcoin and other unregulated monetary denominations. The President and General Management are tasked with executing and ensuring compliance with this resolution.