PANews reported on December 2nd that, according to Criptonoticias, the Bolivian Supervisory Authority for the Financial System (ASFI) issued Resolution No. 1203/2025, extending the deadline for regulatory applications from fintech companies (including cryptocurrency exchanges) to April 30, 2026. The previous deadline was December 31, 2025. Official documents show that as of November 2025, only 11 companies had submitted letters of intent, and no companies had yet entered the Controlled Testing Environment (ECP). Bolivia lifted its blanket ban on cryptocurrencies in June 2024 and is currently working on establishing a regulatory framework. Companies that fail to submit letters of intent within the stipulated timeframe will be prohibited from operating and advertising as authorized fintech companies.