News with the tag "bhutan"

Bhutan , a country located in the Himalayan region, has partnered with Binance to offer a cryptocurrency payment system for the tourism industry, further partnering with local DK Bank to enable crypto payments nationwide. Bhutan is well known for its Bitcoin treasury accumulation. This is the first ...

Bhutan has partnered with Binance Pay and DK Bank to launch the world’s first national crypto-based tourism payment system, allowing visitors to use digital assets for everything from hotels to market purchases, boosting financial inclusion and innovation. Bhutan Becomes First Nation to Power Entire...

In a groundbreaking move that has captured the attention of the global financial landscape, Bhutan has officially confirmed leveraging its Bitcoin reserves to finance essential public services . This revelation by Prime Minister Tshering Tobgay underscores the nation’s innovative approach to financi...

Bhutan has quietly amassed nearly $1 billion in bitcoin reserves through sustainable hydroelectric mining, using the cryptocurrency to fund public services and positioning it as a strategic financial model for nations grappling with economic instability. How a Himalayan Kingdom Turned Bitcoin Into a...

Bitcoin News: The Bhutan Government has once again made headlines in the crypto space with its recent BTC movements. According to data, the government has moved 751 BTC to three new wallets recently, which has sparked heavy speculations in the market. Following the development, the flagship crypto a...

In a riveting turn of events, the Royal Government of Bhutan has been recorded moving a staggering 633 BTC on Friday, sparking market discussions globally. On-chain data pointed out that the government moved the abovementioned amount to two unknown addresses, with one potentially linked to the crypt...

Bhutan’s newly established Special Administration Region – Gelephu Mindfulness City (GMC) – announced plans to recognize digital assets such as Bitcoin (BTC), Ether (ETH), and Binance Coin (BNB) as part of its strategic reserves. The latest move has made the region one of the first jurisdictions to ...

Bhutan continues to leverage new technologies, particularly Bitcoin and the blockchain, to boost its economy. According to multiple reports, Gelephu Mindfulness City (GMC) is ready to integrate digital assets like Bitcoin, BNB, and Ethereum into its strategic reserve. The Mindfulness City near Gelep...

The addition of bitcoin, ethereum, and binance coin as part of GMC’s strategic reserves will expand Bhutan’s digital assets ecosystem. Bhutan’s GMC Adds BTC, ETH, and BNB to its Strategic Reserves Bhutan‘s new special administration region, Gelephu Mindfulness City (GMC) has announced that it will a...

Bhutan’s Gelephu Mindfulness City wants to set up a strategic reserve with several established cryptocurrencies.