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Bhutan’s Bold Leap into Cryptocurrency: A Visionary Strategy for Economic Growth | by Saad Jameel | The Capital | Jan, 2025

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January 11, 2025
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Bhutan’s Bold Leap into Cryptocurrency: A Visionary Strategy for Economic Growth | by Saad Jameel | The Capital | Jan, 2025
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The Capital

The Kingdom of Bhutan, nestled in the Himalayas and renowned for its Gross National Happiness philosophy, is making an unexpected yet calculated move to revolutionize its economy. The nation is embracing cryptocurrency, not merely as a financial experiment but as a cornerstone of its economic future. By establishing a cryptocurrency reserve, Bhutan aims to diversify its assets, attract global blockchain innovators, and position itself as a leader in the digital economy.

The Gelephu Mindfulness City: A Crypto Hub in the Making

At the heart of Bhutan’s ambitious strategy lies the Gelephu Mindfulness City, a visionary special economic zone dedicated to blockchain technology and financial services. This project is more than just a technological initiative; it represents a cultural and economic transformation. Designed to foster innovation and collaboration, the city aims to attract blockchain companies from across South and Southeast Asia.

Imagine a serene yet bustling hub where the tranquility of Bhutan’s landscapes meets the cutting-edge vibrancy of blockchain innovation. With this initiative, Bhutan seeks to integrate major cryptocurrencies like Bitcoin and Ether into its national reserves. The Gelephu Mindfulness City is…



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