Bolivia Agrees With IMF to Build Virtual Asset Oversight Framework

Bolivia has agreed with the International Monetary Fund to establish a framework for regulating and supervising virtual assets to curb illegal capital outflows and strengthen anti-money laundering and counter-terrorism financing measures. According to ChainCatcher, the related documents have not yet specified an implementation timeline, the responsible authority, or the exact legislative form. The government is also evaluating whether to include Tether's USDT in the national payment system.