US EditionBhutan Embraces Crypto Payments Despite Connectivity Gaps
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6 Articles
Bhutan Embraces Crypto Payments Despite Internet Hurdles
Cryptocurrency Gains Ground in the Kingdom of Bhutan In Bhutan’s misty Himalayas, cryptocurrency is infiltrating daily life in an unexpected manner. Amidst centuries-old monasteries in the background, digital money is being employed to buy meals, lodging, and even national fees. During a recent tour facilitated by Binance traveled to Thimphu and Paro to observe how deeply crypto has ingrained itself into the faraway kingdom. Binance and DK Bank …
The government of Bhutan has announced plans to introduce cryptocurrency payments into the country's economy to modernize the financial system and attract tourists with the support of the largest crypto exchange Binance.
Cointelegraph
Cryptocurrency News | Cryptocurrency Prices | Market CapBhutan embraces crypto payments despite connectivity gaps
Bhutan embraces crypto and a digital transformation, though poor internet connectivity still hinders widespread adoption.
What makes people happy? The documentary road movie "Agent of Happiness" accompanies a lucky expert in Bhutan who asks people about it on behalf of the government.
Bhutan Embraces Crypto to Boost Tourism and Build a Digital Economy
Bhutan is rapidly embracing cryptocurrency to modernize its financial system, attract high-value tourists, and establish a digitally resilient economy. During the Digital Bhutan panel co-hosted by Binance, government officials outlined a bold vision: integrate crypto into everyday life. Damcho Rinzin, director at Bhutans Department of Tourism, highlighted a major pain point for visitors: limited international payment options. Tourists complain t…
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