With its latest transfer of Bitcoin to exchanges, Bhutan has reduced its sovereign holdings to 4,453 BTC from nearly 13,000 BTC in late 2024.
Bhutan moves 519.7 BTC ($36.75M) to wallets linked to Singapore trading firm QCP Capital
The Royal Government of Bhutan has transferred close to $37 million in bitcoin from its state holdings, adding to speculation about the small Himalayan kingdom’s cryptocurrency strategy. The …
India and Bhutan collaborate on UPI-linked postal remittances
The initiative is designed to make digital remittance services “more accessible” to citizens in both countries.
Bhutan’s tourism business expereinces slowdown due to Middle East conflict
With rising cancellations and an ebb in future bookings, the Himalayan Kingdom of Bhutan”s tourism sector has experienced an unusual slowdown in the backdrop of the ongoing Middle East conflict, …
Bhutan’s tourism business expereinces slowdown due to Middle East conflict
With rising cancellations and an ebb in future bookings, the Himalayan Kingdom of Bhutan”s tourism sector has experienced an unusual slowdown in the backdrop of the ongoing Middle East conflict, …
Why there are few takers for Bhutan’s crypto payment network
Experts and locals said the government’s push for cryptocurrency is driven by its own massive bitcoin reserves and not practical constraints.
Analysts ponder Bhutan’s Bitcoin mining future as country transfers $72 million in BTC: Arkham
Druk Holding moved 973 bitcoin across two days amid speculation over the status of its state-backed mining operations.
Bhutan attracts major impact finance commitments at SDG forum
During the two-day Bhutan SDG Impact Finance Forum held last week in Thimphu, international and high-level participants announced more than a dozen practical commitments to mobilise capital, …
Bhutan’s finance gap not about access, but structural readiness
As Bhutan prepares to host the two-day Sustainable Development Goals (SDG) Impact Finance Forum from December 11, critical questions about access to finance and the country’s readiness for new …
Masterclass in OTC Liquidation: How Bhutan Moved $72M Bitcoin Without Moving the Price
Bhutan just moved $72.3 million worth of Bitcoin to Binance. 929 BTC sent Tuesday morning while Bitcoin price consolidated near $71,000.Most sovereign sell-offs hit the order book hard. This one …