Bolivia Plans to Tokenize Gold on Ethereum Network

According to PANews, members of the Bolivian Blockchain Association are preparing to submit a proposal to the President aimed at tokenizing gold and other precious metals on the Ethereum network. The initiative seeks to ensure full traceability from mining to national reserves, with the goal of curbing corruption. The proposed model is inspired by the Kingdom of Bhutan's approach, which in December 2025, issued a gold token backed by its sovereign reserves on the Solana network.