Bhutan Recognizes Bitcoin, Ethereum as Reserves
Bhutan's capital, Thimphu, has declared Bitcoin, Ethereum, and BNB as part of its strategic reserves. This move aims to boost economic resilience and is aligned with the region's mining implementation plan. The administration will recognize digital assets with substantial market capitalization and liquidity, built on safe blockchains. Bhutan currently holds 11,688 BTC worth $1.1 billion and Ethereum valued at $2.2 million, along with other cryptocurrencies.
Read more: The Block | tl;dr
#Bhutan #Crypto #Bitcoin #Ethereum #BNB #DeFi #Blockchain #DigitalAssets #MarketCap
Bhutan's capital, Thimphu, has declared Bitcoin, Ethereum, and BNB as part of its strategic reserves. This move aims to boost economic resilience and is aligned with the region's mining implementation plan. The administration will recognize digital assets with substantial market capitalization and liquidity, built on safe blockchains. Bhutan currently holds 11,688 BTC worth $1.1 billion and Ethereum valued at $2.2 million, along with other cryptocurrencies.
Read more: The Block | tl;dr
#Bhutan #Crypto #Bitcoin #Ethereum #BNB #DeFi #Blockchain #DigitalAssets #MarketCap