Bhutan's Gelephu Central Bank Cleared to Invest in Crypto Reserves

Bhutan's Gelephu Central Bank cleared to invest in crypto reserves

Bhutan’s Gelephu Mindfulness City has received royal approval for a central bank empowered to invest in cryptocurrencies alongside traditional reserve assets. Gelephu Mindfulness City listed the royal approval in a Nov. 2 announcement, while Bhutan’s public broadcaster BBS reported that…

Planned Gelephu Central Bank Cleared to Hold Bitcoin and Crypto

The new Bhutanese bank may invest in digital assets alongside traditional reserves.

Bhutan Cleared to Own Crypto as Third Central Bank

Bhutan is now the third central bank cleared to own crypto, following Kazakhstan and the Czech Republic. Here's why this matters.

Bhutan’s Gelephu Central Bank cleared to hold crypto in reserves

Bhutan’s Gelephu Mindfulness City has received royal approval for a central bank empowered to invest in cryptocurrencies alongside traditional reserve assets. Gelephu Mindfulness City listed the royal approval in a Nov. 2 announcement, while Bhutan’s public broadcaster BBS reported that…

Bhutan's Gelephu Central Bank cleared to hold crypto in its reserves

Bhutan's move to allow crypto in central bank reserves could enhance its financial hub status, attracting global crypto firms and investments.