[Bolivia Commits to Establishing Virtual Asset Regulatory Framework to Prevent Capital Outflow via Crypto Markets] According to CriptoNoticias, the Bolivian government recently pledged in an economic and financial policy memorandum submitted to the IMF to establish a robust regulatory and supervisory framework for virtual assets to mitigate the risks of improper capital outflows through crypto asset markets. The memorandum does not set a timeline, specify a regulatory authority, or clarify whether the framework will be implemented through laws, decrees, or administrative regulations. This commitment is part of a 36-month Extended Fund Facility arrangement with the IMF, amounting to 1.369 billion Special Drawing Rights (approximately $1.9 billion), which is still subject to approval by the Bolivian Congress and the IMF Executive Board.