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The Royal Government of Bhutan (Druk Holdings) has discreetly transferred approximately 600 bitcoin—equivalent to $52 million at prevailing BTC exchange rates—in a recent fiscal maneuver. Fourth Largest Nation State Bitcoin…
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…
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…
According to blockchain analytics platform SpotOnChain, on December 9, the Royal Government of Bhutan transferred 402 Bitcoin (BTC) worth $39.56 million to QCP Capital. This is the latest in a…
This morning, the Royal Government of Bhutan shifted $66.55 million worth of bitcoin (BTC) to Binance, according to onchain data. $66M in Bitcoin on the Move – Bhutan’s Government’s Crypto…
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.”