Several high-profile developments in Latin American cryptocurrency are making headlines this week: Argentina froze assets associated with the contentious LIBRA token. Bolivia, on the other hand, started a blockchain pilot to improve election transparency. Moreover, South American central banks convened in Paraguay to discuss digital finance innovation, asset tokenisation, and crypto regulation. Bolivia pilots Blockchain transparency in elections and governance Bolivia is among the first nations to use the Solana blockchain in a presidential election . Instead of substituting traditional ballots, Bolivia records photographic tally sheets as unchangeable NFTs. Impera Strategy created the TuVotoSeguro project to stop result-transmission manipulation, a problem that marred the 2019 election. The approach gained rare bipartisan agreement and positioned blockchain as a digital transparency layer rather than a replacement for voting itself by uploading verified tally sheets to a public blockchain within minutes of counting, creating a tamper-proof log that was accessible to everyone. Simultaneously, Oscar Mario Justiniano, the recently appointed Environment and temporary Production Minister, has unveiled a more comprehensive plan for modernising technology in the public sector. His program places a strong emphasis on efficiency, environmental sustainability, and anti-corruption initiatives, such as streamlining government procedures through the use of blockchain, artificial intelligence, and performance metrics. Justiniano presents his strategy as a move toward a “Green Bolivia,” propelled by open governance and institutional fortification. Argentine judge freezes assets in expanding LIBRA token probe An Argentine federal judge has ordered the indefinite freezing of all financial assets belonging to Hayden Mark Davis , CEO of Kelsier Ventures and a central figure in the launch of the LIBRA token, a project publicly endorsed by President Javier Milei. The order also targets two additional individuals, Favio Camilo Rodríguez Blanco and Orlando Rodolfo Mellino, whose crypto wallets allegedly received or moved funds tied to Davis at key moments in the LIBRA timeline. According to court documents, the measure aims to prevent the concealment or transfer of digital assets while investigators trace multimillion-dollar transactions linked to possible fraud and influence peddling. The decision was made in response to requests from Eduardo Taiano, the federal prosecutor, and technical assessments from Argentina’s financial intelligence services, which found suspicious activity involving Davis, lobbyists Manuel Terrones Godoy and Mauricio Novelli, and middlemen André Blanco and Mellino. Concerns regarding possible indirect payments to government officials were raised when investigators tracked several high-value transfers, including a $507,500 Bitget transaction that was completed less than an hour after Milei shared a selfie with Davis at the presidential office. The LIBRA organisation and people in its financial ecosystem are under increased investigation because of evidence obtained from centralised exchanges, security footage, and crypto-to-cash conversions. LATAM Central Banks advance dialogue on crypto regulation At the 43rd Meeting of South American Central Bank Presidents in Asunción, central bank executives from Argentina, Chile, Colombia, Ecuador, Paraguay, Peru, and Uruguay gathered to discuss shared economic difficulties, asset tokenisation, and cryptocurrency regulation. The symposium, which was hosted by the Central Bank of Paraguay, brought attention to the increasing need for coordinated frameworks to regulate digital assets, such as blockchain-based platforms, stablecoins, and cryptocurrencies, while preserving regional monetary stability and user protection. As they investigated how digital asset infrastructure may improve market efficiency and increase financial inclusion, participants also looked at the status of tokenisation activities. The summit also discussed macroeconomic vulnerabilities associated with more frequent shocks due to climate change, highlighting the need for resilience and sustainability in the design of contemporary monetary policy. In order to improve South America’s financial infrastructure, regional payment systems, digital platform interoperability, and technological cooperation were all discussed. Future meetings are planned for Chile in 2026 and Uruguay in 2027. The authorities finished by reiterating the importance of these strategic conversations for fostering confidence and regional economic stability. The post LATAM crypto news: Bolivia advances blockchain in elections as Argentina freezes LIBRA-linked assets appeared first on Invezz
