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Bhutan and Cumberland DRW signed a memorandum to develop digital asset ecosystems and prepare a national stablecoin. Green Digital Ltd will lead implementation with renewable energy data centers.
Bhutan will allocate up to 10,000 bitcoins (about $1 billion) to create Gelephu Mindfulness City, a new hub for sustainable development and digital assets.
Bhutan invests 10,000 Bitcoin to develop the Gelephu Economic Zone, marking a groundbreaking step in cryptocurrency adoption and economic growth.
Bhutan partners with Cumberland DRW through a multi-year MoU to develop sustainable digital asset infrastructure in Gelephu Mindfulness City, supporting Bitcoin reserves and green crypto initiatives.