Bhutan, a small yet strategically important country in Asia, is introducing innovations in the cryptocurrency sector. The city of Gelephu has officially recognized Bitcoin, Ethereum, and BNB as strategic reserve assets.
Details of Bhutan’s Strategic Reserve Plan
Bhutan is known for its use of hydropower for Bitcoin mining. The country began integrating Bitcoin into its national reserves, focusing on assets with deep liquidity and low price risk.
Blockchain Technology Congress in Gelephu
A Blockchain Technology Congress is scheduled for March in Gelephu, where entrepreneurs and politicians will discuss the future of cryptocurrency technologies.
Support from International Partners
Binance announced support for Gelephu’s initiatives on social media. Details regarding reserve assets and the congress are expected in the coming days.
These developments highlight Gelephu’s growing influence and contribution to Bhutan's ambitions to become a leader in the cryptocurrency industry.
