The Central Bank of Bolivia issued a resolution banning bitcoin and any other currency not regulated by a country or economic zone in 2014. Not regulated, according to a 2014 statement by the Central Bank of Brazil concerning cryptocurrencies, but is discouraged because of operational risks.
It is not that bad as it appears to be because we are having the experience of India that have a desire to overlook those bans that they have put on Bitcoin, and maybe cancel them.