从禁令到收养：玻利维亚的加密货币政策进化

本文解释了玻利维亚严格的加密货币禁令到采用规范数字资产的旅程。

The Bolivian financial system has traditionally been characterized by strict monetary controls, with the Banco Central de Bolivia (BCB), the central bank, enforcing stringent regulations to prevent financial instability. This cautious approach led to Bolivia standing out in Latin America as one of the few nations with an outright ban on cryptocurrency usage.

传统上，玻利维亚金融体系以严格的货币控制为特征，中央银行的Banco Central de Bolivia（BCB），执行严格的法规以防止金融不稳定。这种谨慎的方法导致玻利维亚在拉丁美洲脱颖而出，成为少数几个国家之一，完全禁止加密货币使用。

However, the burgeoning adoption of digital currencies within the region, notably in Argentina, Brazil and El Salvador, pressured Bolivian authorities to reconsider their stance on crypto adoption.

但是，该地区内部的数字货币迅速采用，尤其是在阿根廷，巴西和萨尔瓦多，迫使玻利维亚当局重新考虑其对加密货币的立场。

This article provides an overview of the journey from Bolivia’s strict cryptocurrency ban to its adoption of regulated digital assets. It explains the historical context of the 2014 ban, the reasons behind it, and how global trends, economic pressures and technological advancements led to the 2024 shift in policy.

本文概述了玻利维亚严格的加密货币禁令到采用规范数字资产的旅程。它解释了2014年禁令的历史背景，其背后的原因以及全球趋势，经济压力和技术进步如何导致2024年政策的转变。

Bolivia lifts crypto ban: What led to the policy shift?

玻利维亚举起的加密禁令：是什么导致了政策转变？

By June 2024, the Bolivia crypto ban was withdrawn, a move that was surprising to many but signaled a significant regulatory shift. The BCB announced this policy change in Board Resolution N°082/2024, which also stipulated that cryptocurrency transactions would be allowed only through authorized electronic means and in accordance with applicable legislation and regulations.

到2024年6月，玻利维亚加密禁令被撤回，这一举动令人惊讶，但标志着明显的监管转变。 BCB宣布了董事会决议N°082/2024的政策变更，该决议还规定，仅通过授权的电子方式并按照适用的立法和法规允许加密货币交易。

This policy change was driven by multiple factors:

这种政策变化是由多种因素驱动的：

With these changes, Bolivia’s digital currency policy has entered a new phase, allowing controlled access to cryptocurrencies within a framework of governmental oversight.

通过这些变化，玻利维亚的数字货币政策进入了一个新阶段，从而在政府监督的框架内可以控制地访问加密货币。

The Bolivian government’s calculus appears to be shifting in response to both internal and external pressures, setting the stage for an interesting chapter in the country’s financial history.

玻利维亚政府的微积分似乎在响应内部和外部压力方面正在转移，这为该国财务历史上有趣的一章奠定了基础。

Bolivia’s crypto policy evolution, explained

玻利维亚的加密政策进化，解释说

The evolution of Bolivia’s cryptocurrency policy was influenced by several factors, including economic necessity, technological progress and regional regulatory trends. The following sections provide a closer look at the historical context, major policy shifts and the implications of these changes.

玻利维亚加密货币政策的演变受到多种因素的影响，包括经济必要性，技术进步和区域监管趋势。以下各节仔细研究了历史背景，重大政策的变化以及这些变化的含义。

Historical context: The 2014 ban

历史背景：2014年禁令

In 2014, the Bolivian cryptocurrency laws explicitly prohibited the use of any digital asset not issued by the Bolivian government. The BCB justified this decision by stating that cryptocurrencies posed risks to financial stability, consumer protection and the macroeconomic framework.

2014年，《玻利维亚加密货币法》明确禁止使用玻利维亚政府发行的任何数字资产。 BCB证明了加密货币为金融稳定，消费者保护和宏观经济框架带来风险。

At the time, Bolivia’s approach to crypto regulation was among the strictest in the world, differentiating it from other Latin American nations, where regulatory uncertainty was more common than outright bans.

当时，玻利维亚对加密监管的方法是世界上最严格的法规之一，将其与其他拉丁美洲国家区分开来，那里的监管不确定性比彻底的禁令更普遍。

Mid-period adjustments: 2020-2022 restrictions

中期调整：2020-2022限制

Despite the Bolivia crypto ban, public interest in digital assets and global developments led to a partial policy shift in 2020. The BCB issued Resolution No. 104, which limited the scope of the cryptocurrency ban by focusing on instruments not authorized for payment services.

尽管禁止了玻利维亚加密货币，但公众对数字资产和全球发展的兴趣导致了2020年的部分政策转变。BCB发布了第104号决议，这限制了无需授权支付服务工具的​​加密货币禁令的范围。

This signaled a move towards acknowledging the potential of digital assets while remaining cautious about their integration into the existing financial system.

这表明，朝着承认数字资产的潜力的同时保持谨慎的态度，同时对它们集成到现有金融体系中。

The BCB also issued a statement warning institutions against offering financial services with cryptocurrency without the necessary authorization, further indicating the government's vigilance in monitoring and controlling any attempt to use cryptocurrencies for purposes that fell outside of the legal framework.

BCB还发表声明警告机构，不要在没有必要的授权的情况下以加密货币提供金融服务，进一步表明政府在监视和控制使用加密货币的任何尝试以属于法律框架之外的目的而保持警惕。

This period also saw a crackdown on pyramid schemes, which was covered in Law No. 597 on Multilevel Marketing. The law aimed to prevent scams and protect consumers, highlighting the government's priority to maintain financial stability and consumer confidence.

这一时期还对金字塔方案进行了镇压，该计划在多层次营销方面的法律第597号涵盖。该法律旨在防止骗局和保护消费者，强调政府的优先事项，以维持财务稳定和消费者的信心。

Turning point: Lifting the ban in 2024

转折点：取消2024年禁令

By mid-2024, Bolivia made a surprising reversal. The Bolivia crypto legalization effort was formalized with the Board Resolution N°082/2024, which repealed the previous bans and allowed cryptocurrency transactions under regulated conditions.

到2024年中，玻利维亚做出了令人惊讶的逆转。玻利维亚加密合法化工作是通过董事会决议N°082/2024正式制定的，该决议废除了先前的禁令，并允许在受监管条件下进行加密货币交易。

The resolution, which came into effect on June 18, 2024, granted authorization for cryptocurrency transactions through authorized electronic means and in accordance with the provisions of Law No. 133, rendering it clear that cryptocurrency transactions would be subject to existing legal and regulatory frameworks.

该决议于2024年6月18日生效，通过授权的电子方式授予了加密货币交易的授权，并按照第133号法律规定清楚地表明，加密货币交易将遵守现有的法律和法规框架。

This signaled a shift in the government's thinking, moving away from an outright ban to a more nuanced approach that balances innovation with risk management.

这表明政府的思想发生了变化，从彻底的禁令转变为平衡创新与风险管理的更细微的方法。

The BCB’s press release announcing the new cryptocurrency policy highlights the central bank's role in monitoring and regulating financial institutions and payment service providers to ensure compliance with the legal framework.

BCB宣布新的加密货币政策的新闻稿强调了中央银行在监视和规范金融机构和支付服务提供商中的作用，以确保遵守法律框架。

This signals that the government will be actively involved in overseeing the integration of cryptocurrencies into the existing financial system.

这表明政府将积极参与监督加密货币与现有金融体系的整合。

Status as of March 2025

截至2025年3月的状态

As of March 2025, the country has moved toward a structured regulatory framework:

截至2025年3月，该国已转向一个结构化的监管框架：

The country's journey from a strict cryptocurrency ban to a regulated market has been influenced by several factors.

该国从严格的加密货币禁令到受管制市场的旅程受到了几个因素的影响。

The pressing need for financial innovation solutions, fueled by a dollar shortage and the underwhelming results of the SUCRE regional currency project, appears to have motivated the government to explore new avenues for economic growth.

在美元短缺以及Sucre地区货币项目的巨大结果的推动下，对金融创新解决方案的迫切需求似乎激发了政府探索新的经济增长途径。

Moreover, the burgeoning adoption of cryptocurrencies in neighboring countries, particularly in Argentina and

此外，在邻国，特别是在阿根廷和