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Bhutan’s Bold Leap into Cryptocurrency: A Visionary Strategy for Economic Growth | by Saad Jameel | The Capital | Jan, 2025

January 12, 2025
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The Capital

The Kingdom of Bhutan, nestled within the Himalayas and famend for its Gross Nationwide Happiness philosophy, is making an surprising but calculated transfer to revolutionize its economic system. The nation is embracing cryptocurrency, not merely as a monetary experiment however as a cornerstone of its financial future. By establishing a cryptocurrency reserve, Bhutan goals to diversify its property, appeal to international blockchain innovators, and place itself as a pacesetter within the digital economic system.

The Gelephu Mindfulness Metropolis: A Crypto Hub within the Making

On the coronary heart of Bhutan’s bold technique lies the Gelephu Mindfulness Metropolis, a visionary particular financial zone devoted to blockchain know-how and monetary providers. This challenge is greater than only a technological initiative; it represents a cultural and financial transformation. Designed to foster innovation and collaboration, the town goals to draw blockchain firms from throughout South and Southeast Asia.

Think about a serene but bustling hub the place the tranquility of Bhutan’s landscapes meets the cutting-edge vibrancy of blockchain innovation. With this initiative, Bhutan seeks to combine main cryptocurrencies like Bitcoin and Ether into its nationwide reserves. The Gelephu Mindfulness Metropolis is…



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Tags: BhutansBoldCapitalCryptocurrencyEconomicGrowthJameelJanLeapSaadStrategyVisionary
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