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According to CriptoNoticias, members of the Bolivia 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 tokenize gold and other precious metals on Ethereum, achieving full traceability from mining to national reserves, in an effort to curb corruption. The proposed model mimics the approach of the Kingdom of Bhutan, which issued a gold token backed by its sovereign reserves on the Solana network in December 2025.

According to market news, the Minister of Economy of Bolivia announced plans to incorporate stablecoins into the country's financial system.

ChainCatcher news, Tether CEO Paolo Ardoino stated that Toyota, BYD, and Yamaha have supported USDT payments in Bolivia. He mentioned that USDT has become the "digital dollar" for hundreds of millions of people in emerging markets and is accelerating its adoption.

ChainCatcher news, according to Jinshi Data, the Central Bank of Bolivia announced on July 30 local time that it has signed a memorandum of understanding with the National Digital Assets Commission of El Salvador, aimed at exchanging information and expertise on cryptocurrencies. The agreement includes cooperation in cryptocurrency regulation and policy-making.

ChainCatcher news, according to Bitcoin.com News, reports that based on the latest data from the Central Bank of Bolivia, the use of virtual assets in Bolivia's financial payment system surged in the first half of 2025, increasing by 630% compared to the same period in 2024. The transaction volume skyrocketed from $46.5 million in the first half of 2024 to $294 million in the same period of 2025, accumulating nearly $430 million since June 2024. Meanwhile, the number of operations grew 12 times, exceeding 10,000 transactions.The Central Bank of Bolivia stated that this growth reflects the effectiveness of its policies in providing alternatives for foreign exchange transactions for Bolivians, particularly in areas such as remittances, small purchases, and payments, benefiting micro and small entrepreneurs. In June 2024, Bolivia lifted the ban on the combined use of virtual assets and traditional payment systems, after which the country became a hotspot for cryptocurrency and stablecoin payments, with stablecoins widely used as a proxy for the dollar.At the same time, Bolivian President Luis Arce acknowledged that the country is facing a dollar shortage, stating that the existing dollars are primarily used for fuel and debt payments, and cannot further support the foreign exchange market. Nevertheless, in May of this year, Bolivia prohibited its state-owned oil company from using stablecoins to purchase fuel in foreign markets to curb the distortion of stablecoin exchange rates.

According to ChainCatcher news, the on-chain analysis platform Lookonchain (@lookonchain) has monitored that the whale address "GHw9C1," holding 927,700 Fartcoins (approximately 1.17 million USD), is buying OLIVIA, having purchased a total of 8.35 million in the past 20 minutes, worth about 121,000 USD.

ChainCatcher news, according to Bitcoin.com, Bolivian President Luis Arce signed an executive order on May 23, prohibiting the state-owned oil company YPFB from using cryptocurrency for energy procurement settlements. YPFB President Armin Dorgathen stated that the company has never used cryptocurrency for transactions, mainly because the oil industry has not yet accepted cryptocurrency and the regulatory framework is inadequate.Previous report, Bolivia's state energy company YPFB will use cryptocurrency to pay for energy import costs.

ChainCatcher news, Bitget Onchain trading has launched the MEME tokens OLIVIA and Trenches from the Solana ecosystem. Users can start trading in the on-chain trading section.Bitget Onchain trading aims to seamlessly connect CEX and DEX, providing users with a more convenient, efficient, and secure on-chain trading experience. Users can directly use their Bitget spot account (USDT/USDC) to trade popular on-chain assets. Currently, it supports popular public chains such as Solana (SOL), BNB Smart Chain (BSC), and Base.

ChainCatcher news, the co-founder of Zerebro, Jeffy Yu, who was previously rumored to have committed suicide, has been found living at his parents' home in the Crocker-Amazon neighborhood of San Francisco, California. According to George Kelly, a reporter for The San Francisco Standard, he had a brief conversation with Jeffy Yu in front of the residence, but Jeffy Yu refused to discuss the suicide allegations or whether he profited from it, only stating: "I have been doxxed, I have been harassed. If you can find me, others can find me too, and now I have to move my parents out this week."

ChainCatcher news, according to Bitcoin.com, the Central Bank of Bolivia, under the leadership of President Edwin Rojas Ulo, is designing a new cryptocurrency called "Virtual Boliviano," aimed at international settlements.It is reported that the proposal will be officially announced during the celebration of Bolivia's 200th Independence Day on August 6. To ensure the robustness of the design, the central bank is collaborating with international institutions and other central banks. Officials stated that the "Virtual Boliviano" is expected to modernize the payment system while helping to save foreign exchange reserves.

ChainCatcher news, according to Coindesk citing Reuters, Bolivia's state energy company YPFB will begin using cryptocurrency to pay for energy imports. YPFB hopes to directly address the country's dollar shortage and insufficient foreign exchange reserves by using cryptocurrency.The report noted that Bolivia is currently facing a fuel crisis, primarily caused by a reduction in natural gas exports, which has led to sporadic protests across the country. A YPFB spokesperson told Reuters, "From now on, these (cryptocurrency) transactions will be executed."

ChainCatcher News, U.S. Health Secretary nominee Robert F. Kennedy Jr. stated: "If the world adopts a Bitcoin standard and the currency retains its value, we will all have the ability to live a more prosperous life."

ChainCatcher news, according to Bitcoin.com News, data shared by the Central Bank of Bolivia indicates that the country's crypto activity is overheating. According to the agency's data, following the lifting of a comprehensive ban on crypto operations earlier this year, trading of digital assets has increased by 112%.More than 252,000 Bolivians hold digital assets and complete transactions on various platforms. Bank President Edwin Rojas Ulo pointed out that the trading volume in these operations exceeded $75 million in the past four months (from July to October 2024), which is a significant increase compared to the $46.4 million traded in the first and second quarters of 2024.

ChainCatcher news, at the "DeInsight 2024" annual summit held during Devcon in Bangkok, Manta Network co-founder Victor shared a keynote speech on "The First Layer2 Adopting MultiDA."Victor stated that in terms of community incentives, Manta's Gas Gain profit rebate program converts 50% of the Gas profits on the Manta Pacific chain into MANTA tokens to reward users. Additionally, the Manta Foundation has committed to distributing 10 million MANTA as extra rewards over the next four years, with more for the top 400 ranked users on the network.Furthermore, the Manta CeDeFi product serves as a bridge between DeFi and CeFi, aggregating multiple yield strategies from RWA, on-chain, and CEX, allowing users to enjoy diversified returns from both CeFi and DeFi by simply depositing BTC, ETH, or stablecoins.Victor revealed that the $50 million ecological fund established by the Manta Foundation has supported around 16 projects, including KiloEx, in just two months.The Manta community team places great emphasis on global expansion, especially in emerging markets in Southeast Asia. He is a founder who truly lives in Southeast Asian countries to support local community development.Video live stream link:https://www.youtube.com/live/tTVcUPumPysImage live stream link:https://www.pailixiang.com/album_ia7637038926.html

ChainCatcher news, according to Bitcoin.com News, Bolivia's fourth-largest bank, Bisa Bank, has announced the launch of a stablecoin service package, becoming the first bank in the country to offer USDT trading services. The bank allows customers to buy and sell within a daily trading limit of 200 to 10,000 USDT, with fees ranging from 5 to 15 USD, and international transfer fees of about 40 USD.Yvette Espinoza, the president of Bolivia's banking regulatory authority ASFI, expressed support for this, believing that the service will provide users with a secure and reliable asset management solution. Franco Urquidi, the bank's vice president of business, emphasized that all transactions must be conducted through the bank's accounts, and customers must complete a strict identity verification process.