Bolivian Blockchain Association proposes to the government to tokenize gold and other precious metals on Ethereum

PANews December 13 News, according to CriptoNoticias reports, 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 plan is to tokenize gold and other precious metals on Ethereum, enabling full traceability from mine extraction to national reserves, in an effort to curb corruption. The proposed model mimics the approach of the Kingdom of Bhutan, which in December 2025 issued a gold token backed by its sovereign reserves on the Solana network.

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