[3][4] He later also took obtained two other master's degrees; in social sciences and in banking (Gerencia de Banca Corporativa), both of which he pursued in Bolivia.
He has worked and advised in Bolivia, Peru, Colombia, Brazil, Panama, Honduras, Nicaragua, Mexico, Spain and Switzerland, in areas such as education, social housing, microfinance, pension funds and financial regulations.
[5] Before joining the central bank, he led several different companies, including the foundation FADES (Foundation for Alternatives in Development), FINRURAL (Association of Financial Institutions for Rural Development), the pension funds AFP Futuro in Bolivia, Colfondos in Colombia and Siembra in Argentina.
[5] In 2007, he was appointed supervisor of the banks and financial institutions of Bolivia, today known as the Autoridad del Sistema Financiero (ASFI).
[6] Following the controversy over the decision, legal challenges for the reconsideration of the law were mounted, claiming draconian and backward policy making had led Bolivia to remain behind peers in the blockchain space.