Bhutan Says 10,000 Bitcoin Will Help Shape Its New Administrative City
Bhutan has pledged up to 10,000 bitcoin — roughly $1 billion — to back the development of Gelephu Mindfulness City, a new special economic zone the crown is promoting as a hub for sustainable industry and jobs. Related Reading: Visa Deepens Crypto Push With New Stablecoin Advisory Unit Reports have disclosed the allocation was announced […]
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Ripple, in partnership with The Royal Monetary Authority of Bhutan, will start trials for a digital Ngultrum. The San Francisco-based company will integrate its distributed ledger technology into Bhutan’s existing payment system with the help of its CBDC Private Ledger product. Related Reading | Ripple and XRP: The Complete Guide The leading provider of enterprise […]
Proceeds from Bitcoin sales have paid for healthcare, environmental programs, and government worker salaries in Bhutan — a detail that puts the kingdom’s latest crypto move in sharper focus. Related Reading: WAR Token Explodes 100%, Then Crashes 20% In Sudden Sell-Off A Small Nation With A Big Bitcoin Strategy On Monday, blockchain analytics firm Arkham flagged a transfer of 175 Bitcoin, worth roughly $11.85 million, out of Bhutan’s main government wallet. The funds moved to an address created about a month ago, one that had already received 184 Bitcoin from state accounts. As....
Japan-based Tech Bureau is offering Mijin, a private Blockchain technology in “The Blockchain Lab” at Digipolis, to the Belgian municipal governments of Ghent and Antwerp. The private Blockchain will be offered to Digipolis which is an organization for inter-municipal Information and Communications Technology (ICT) for the two Belgian cities, as a part of The Blockchain Lab to demonstrate the possibilities of Blockchain technology in efficient and reliable administrative services. Digital Antwerp. The city of Antwerp is aiming to create a “digital Antwerp” and this would involve embracing....
The Royal Government of Bhutan has once again moved a large batch of Bitcoin, sparking talk across the crypto market. Related Reading: Bitcoin Drops, Saylor Shops: 430 BTC Added To Treasury Stash – Details Nearly 800 BTC, valued at about $92 million, was shifted on August 18, 2025, into two new wallets. The move added […]
Bhutan’s latest Bitcoin transfers have revived one of the market’s more unusual sovereign-BTC questions: is the kingdom still mining, or is it now mainly selling from an older reserve? Arkham said wallets tied to Bhutan moved another $44.44 million in BTC, bringing total transfers from those addresses to $72.3 million over 24 hours, while noting […]