Bhutan city will create a strategic cryptocurrency reserve that will include Bitcoin and Ethereum
Bhutan's Gelephu Special Administrative Region (SAR), also known as Gelephu Mindfulness #City (GMC), will include key #digital assets such as #Bitcoin , #Ethereum and BNB. It plans to create a strategic reserve,
reserve that aims to strengthen the region's economic stability while exploring bitcoin mining opportunities.
In a statement on January 8, GMC explained its plans to integrate these digital assets into its financial strategy. The city intends to meet with key government officials and global industry experts in March to discuss further details. Unlike other regions focused solely on bitcoin, GMC plans to diversify its reserve fund to include other well-known cryptocurrencies with high market capitalization and liquidity.
the City also plans to move to a secure, mature blockchain issued on a secure, mature blockchain that provides transparency in tracking and verifying transactions. The importance of embracing digital assets was emphasized. This initiative is part of GMC's broader vision, which will evolve over 21 years and aims to connect South and Southeast Asia while maintaining legal independence.
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