Blockchain
Bhutan Allocates 10,000 Bitcoin to Develop Gelephu Mindfulness City
[ad_1]
The Kingdom of Bhutan says it will tap into 10,000 Bitcoin from its stash to help build its special administrative region, the Gelephu Mindfulness City (GMC).
Located in the town of Gelephu in Southern Bhutan, GMC was launched in 2024 as Bhutan’s new economic hub to stop the exodus of young Bhutanese from the country by creating high-value local jobs.
It is designed to attract businesses in various sectors, including finance, tourism, green energy, technology, healthcare, and agriculture.
The city offers regulatory flexibility for crypto and fintech…
[ad_2]
Source link
Continue Reading