Catenaa, Tuesday, August 12 2025- Bolivia and El Salvador have signed a memorandum of understanding to collaborate on crypto regulation, blockchain intelligence, and market oversight, marking a major step toward wider digital asset adoption in Latin America.
The agreement involves Bolivia’s Central Bank and El Salvador’s National Commission for Digital Assets, focusing on knowledge sharing and joint supervision of virtual asset service providers.
Bolivia, which lifted a decade-long crypto ban in mid-2024, has since seen digital asset transactions soar over 500%, reaching $294 million by April.
The partnership aims to regulate crypto use for remittances, small business payments, and as a hedge against Bolivia’s currency devaluation.
In stark contrast, Algeria enacted Law No. 25-10 on July 24, 2025, banning all digital asset activities including trading, mining, and wallet operations, punishable by up to one year in prison or $7,700 fines.
This move reverses Algeria’s rapid crypto market growth, which ranked fourth fastest in the MENA region last year.
For investors, these divergent policies highlight the importance of projects with cross-border reach and utility. Among top picks are Best Wallet Token ($BEST), a secure Web3 wallet targeting 40% market share by 2026, Avalanche ($AVAX), a scalable Layer 1 blockchain attracting institutional interest, and Bitcoin Hyper ($HYPER), a Layer 2 Bitcoin scaling solution integrating Solana’s speed.
As Bolivia and El Salvador advance crypto regulation and adoption, utility tokens and blockchain infrastructure projects with real-world applications are positioned to benefit the most in the evolving landscape.
