Quick Breakdown Bhutan becomes the first country to migrate its National Digital Identity system to the Ethereum blockchain. The project marks the culmination of a three-phase evolution from Hyperledger Indy → Polygon → Ethereum. The initiative supports Bhutan’s Digital Drukyul vision, merging innovation, privacy, and digital sovereignty. Bhutan sets ...
The Royal Government of Bhutan has transferred nearly $12.05 million worth of Bitcoin to Binance as part of its ongoing crypto activities. Blockchain analytics platform Onchain Lens flagged the transfer of 99.47 BTC, executed through Bhutan’s investment arm, Druk Holding, on Monday. The Royal Government of Bhutan has sent 99.47 ...
While many countries scramble to reconcile the environmental toll of crypto mining with its economic potential, Bhutan quietly offers a compelling alternative: a model rooted in sustainability, innovation, and national values. With its pristine environment, hydropower abundance, and a bold vision for tech-forward growth, Bhutan is reshaping how the world ...
Bhutan has introduced a pioneering crypto payment system for tourists, becoming the first country to implement a national-level travel infrastructure powered by Binance Pay in partnership with DK Bank. Announced on May 7, the initiative allows travellers with Binance accounts to pay for nearly every aspect of their trip using ...
Bhutan's newly established special administrative region, Gelephu Mindfulness City (GMC), has announced plans to include Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) in its strategic reserves. This innovative move positions the region as one of the first in the world to integrate digital assets into its financial framework. In ...
Bhutan, a small Himalayan country, is ranked 108th in the 2024 Index of Economic Freedom, with a score of 55.4, placing it in the "mostly unfree" category. What that simply means is that the country's economy is in dire straits in terms of regulatory efficiency, trade freedom, and investment openness. ...
