The Bhutan government successfully moved 517 Bitcoin worth around 59 million USD into a new wallet. As of now, the government retains a total of 10,769 Bitcoin, which is approximately valued at 1.2 billion USD.
In addition to the transfer, Bhutan has introduced a nationwide crypto payment system for tourism in partnership with Binance Pay. The government is also promoting green crypto mining to enhance its economy through hydropower.
Leave a Reply