The beautiful country of Bhutan have decided to take a giant leap into the future. The country now holding $BTC , $ETH , and $BNB in its strategic reserves!
They're calling themselves the "Hong Kong of South Asia" with this move.
This isn't just about making bank with digital coins... Gelephu's also planning to become a hub for mindfulness. They're talking about green buildings, meditation centers, and all things zen. It's like Bhutan decided to give the world a giant "chill pill."

Bhutan is making moves from embracing the digital age to safeguarding its natural beauty. It's a country where tradition meets innovation all while keeping the happiness quotient high.

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#Bhutan , a small country in Asia, continues to take steps regarding cryptocurrencies. The country's newly established Gelephu Awareness City (GMC); accepted Bitcoin, Ether and #bnb as reserve assets. An official statement was also made on the subject.
Known especially for its Bitcoin mining with energy obtained from hydroelectric power plants and keeping Bitcoin among its reserves in Bhutan, it continues to take important steps regarding cryptocurrencies.
Last year, the Gelephu Awareness City (GMC) project was launched as a special administrative region in the country. Known for its proximity to China and having a trade perspective, the region aims to progress in infrastructure, education and health packages as well as economic development thanks to its established location.
As this special region, it accepted Bitcoin, Ether and BNB as reserve assets. It was stated that the GMC regime aims to add cryptocurrencies with minimum price risk, easy to buy and sell and deep liquidity to its reserves.
With this step, GMC became the first special administrative region to accept cryptocurrencies worldwide as reserves.
The Binance exchange also shared the announcement on its social media accounts.
The city will also hold a blockchain technology congress in mid-March, which will attract the participation of many business people and structures from around the world.
Crypto steps are being taken in Bhutan's new city; Bitcoin, Ether and BNB are reserved.
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Thimphu, Bhutan – In a groundbreaking move, the Gelephu Mindful City (GMC), a special economic zone in Bhutan, has announced the inclusion of Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) in its strategic reserve assets. This decision positions Gelephu Mindful City(GMC) as one of the first special administrative zones globally to integrate digital assets into its financial reserves.
The official GMC website highlighted the rationale behind this strategic shift:
High Market Capitalization: BTC, ETH, and BNB boast substantial market capitalizations, ensuring a degree of stability and liquidity within the reserve portfolio.Ample Liquidity: These cryptocurrencies facilitate seamless trading with minimal price disruptions, crucial for maintaining the flexibility of the reserves.Secure and Mature Blockchain Technology: The chosen cryptocurrencies operate on robust and established blockchain platforms, providing a secure and transparent foundation for the reserve assets.
A Step Towards Blockchain Adoption
This move underscores GMC's commitment to fostering the development and adoption of blockchain technology within its jurisdiction. By integrating these prominent cryptocurrencies into its strategic reserves, GMC aims to:
Enhance Economic Resilience: Diversifying the reserve portfolio with digital assets can potentially mitigate risks associated with traditional financial instruments.Position as a Crypto-Friendly Hub: This initiative signals GMC's intention to become a pioneering center for blockchain innovation and attract businesses and investors in the cryptocurrency space.
Looking Ahead
GMC's decision to incorporate BTC, ETH, and BNB into its strategic reserves marks a significant step towards the mainstream adoption of cryptocurrencies. As the world increasingly embraces digital assets, this move by GMC could set a precedent for other regions and governments seeking to integrate these innovative technologies into their financial frameworks.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.
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