This article looks at the plans of the Gelephu Special Administrative Region (GMC) in Bhutan to create a strategic cryptocurrency reserve.

The GMC plans to include digital assets such as Bitcoin (BTC), Ether (ETH), and BNB in ​​its strategic reserves. This move aims to increase the economic resilience of the region and open up new opportunities through Bitcoin mining.

Instead of focusing solely on Bitcoin, the GMC aims to add a variety of cryptocurrencies with large market caps and deep liquidity to its reserves. It is stated that these assets should be available on more mature and secure blockchains.

The Bhutanese government already holds significant amounts of Bitcoin and other crypto assets through Druk Holdings and Investments. What do you think of the GMC’s plans? Let’s discuss them in the comments.