Hydrogen, being abundant in the universe, presents significant potential as an energy vector, especially with the rise of green hydrogen produced from renewable sources. Bolivia is stepping into this realm with Bill No. 170-23, focusing on the promotion and development of the green hydrogen industry. The bill, currently under consideration by the Legislative Assembly, outlines key aspects such as the scope of application covering all actors in the green hydrogen value chain, a definition for green hydrogen derived from water electrolysis, and the establishment of a Regulatory Sandbox to facilitate projects without excessive licensing requirements. Additionally, the bill offers economic and tax benefits to incentivize green hydrogen production and consumption and proposes a certification process for ensuring the renewable origin of hydrogen. By allowing state-private partnerships and introducing supervision mechanisms, the bill sets the stage for industry growth. While aspects like regulatory guidelines and investment mechanisms are positive, the need for clarity in defining green hydrogen sources remains a point of consideration. The approval of this bill could significantly impact Bolivia's energy market, paving the way for a more sustainable and renewable future.