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The government of Bhutan is currently holding over $828 million in bitcoin, according to onchain data by Arkham Intelligence. “Unlike most governments, Bhutan’s BTC does not come from law enforcement…
The Central Bank of Bhutan, the Royal Monetary Authority (RMA), has partnered with Ripple to start testing a model of its central bank digital currency (CBDC) using Ripple’s technology. The…
The company claimed its CBDC solution would allow Bhutan's central bank to deploy a digital ngultrum "without compromising financial stability or monetary policy objectives.”