Bhutan News

The blockchain analytics company will incorporate locally and hire in the kingdom's Special Administrative Region as the region advances its digital asset strategy.

Centralized digital identities create single points of failure. Identity system architecture determines whether empowerment or surveillance prevails.

Bhutan has slipped to the seventh-largest nation-state Bitcoin holder, with its stash falling from 13,295 BTC in October 2024 to 5,700 BTC.

Bhutan is adding to its growing list of blockchain initiatives. It already runs a Bitcoin mining operation and also launched a self-sovereign ID system powered by Ethereum.

Bhutan is quietly building a low-carbon Bitcoin economy using hydropower, sovereign capital and clear regulatory guardrails.

FDIC reveals a path for bank-issued stablecoins under the GENIUS Act as corporate BTC treasuries expand, Anchorage buys Securitize’s RIA arm and Bhutan taps reserves.

It’s estimated that Bhutan has around 11,286 Bitcoin in total, a stash worth over $986 million, making it the fifth-largest known holder among countries.

Bhutan signs an MoU with Cumberland DRW to support Bitcoin reserve management and explore stablecoins, mining and AI compute in Gelephu Mindfulness City.

The Himalayan Kingdom mines Bitcoin, holds digital asset reserves and has embraced blockchain technology to modernize its financial system.

The small nation’s Ether staking adds to its expanding blockchain activity as it remains one of the few governments holding Bitcoin.

The Kingdom of Bhutan has tapped Ethereum to store the national identities of its roughly 800,000 citizens, leveraging the network’s immutability and decentralization.

Analysts are warning of a potential investor “recalibration” for short-term market volatility, which has historically occurred after US interest rate cuts.

Developing nations can use crypto to bypass financial constraints, hedge inflation and attract investment. Emerging economies are discovering crypto’s power.

Five years after our last global crypto policy review, America leads a pro-crypto shift while China retreats, and new “sovereign innovators” like El Salvador chart bold paths.

Bhutan’s unique naming culture and values of sovereignty make it a strong candidate for adopting blockchain-based identity systems.