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Bhutan pledges $1 billion in Bitcoin towards Gelephu Mindfulness City


Bhutan pledges $1 billion in Bitcoin towards Gelephu Mindfulness City

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Bhutan has committed up to $1 billion in Bitcoin from its sovereign reserves for the development of Gelephu Mindfulness City. This initiative involves a pledge of 10,000 Bitcoins, marking a significant state-backed crypto deployment.

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Bhutan has committed up to $1 billion worth of Bitcoin from its sovereign reserves to finance the long-term development of Gelephu Mindfulness City, one of the most ambitious state-backed crypto deployments seen globally. According to a press statement shared with Cryptopolitan, the Himalayan kingdom pledged as much as 10,000 Bitcoins toward GMC, its flagship economic […]
Read the article at CryptoPolitan

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In This News

Coins

$ 64.11K

+0.29%

Funds

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