Bhutan SAR to Integrate Bitcoin and Other Digital Assets
Gelephu Mindfulness City, Bhutan's Special Administration Region (SAR), announced plans to incorporate bitcoin, ether, and BNB into its strategic reserves. The move aligns with Bhutan’s vision for economic resilience and sustainability, leveraging digital assets for long-term growth.Supporting Blockchain Innovation
The SAR serves as a blockchain innovation hub for over two billion people in the region. Its focus on sustainable development and legal frameworks aims to position Bhutan as a leader in digital asset adoption, setting an example for other nations.Leveraging Existing Bitcoin Mining Infrastructure
Bhutan already ranks as the fifth-largest nation-state holder of bitcoin, with its mining operations powered by abundant hydroelectric energy. This eco-friendly approach highlights the country's commitment to sustainable blockchain practices.Strategic Criteria for Asset Selection
Gelephu plans to focus on cryptocurrencies with high market capitalization and liquidity, ensuring minimal price volatility. These assets will be issued on mature blockchains that support transparent on-chain monitoring.A Pioneering Step for Global Bitcoin Adoption
As Bhutan explores hosting global discussions on digital assets in March 2025, the SAR’s initiative could inspire other nations to recognize cryptocurrencies as strategic reserves. This aligns with the growing trend of governments embracing digital assets for economic security.
Read the full article on
theblock.