According to Mars Finance news, as reported by CriptoNoticias, members of the Bolivian Blockchain Association plan to submit a proposal to the president aimed at tokenizing gold and other precious metals on the Ethereum network. The proposal aims to achieve full-process traceability from mining to national reserves for gold and other precious metals on Ethereum, in hopes of curbing corruption. The proposed model emulates the approach taken by the Kingdom of Bhutan, which issued a gold token backed by its sovereign reserves on the Solana network in December 2025.
Bolivian Blockchain Association Proposes Tokenizing Gold and Other Precious Metals on Ethereum to the Government
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