Bhutan's Gelephu Mindfulness City Plans to Create Strategic Crypto Reserve

Jan 10 2025 crypto


Gelephu Mindfulness City (GMC), Bhutan’s newly established Special Administration Region, has revealed plans to establish a strategic reserve using digital assets such as Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). GMC revealed its plans to incorporate cryptocurrency into its financial strategy on Jan. 8. The inclusion of digital assets aims to enhance the Special Administration Region's (SAR) economic resilience. This move marks a significant step in the region's evolving financial strategy, which already includes Bitcoin mining. It also reflects the increasing use of Bitcoin and other digital assets as a hedge against economic instability. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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