Bhutan Highlights Broader Crypto Vision Than Just Bitcoin Mining
At the recent Digital Bhutan panel, co-hosted by Binance, Bhutanese officials laid out a broader and clear vision to bring cryptocurrency out of theory and into everyday life.
This ambitious plan comes to highlight as the Himalayan nation builds on its May 2025 launch of a crypto-backed tourism payment system. Developed with Binance and DK Bank, this payment platform leverages Bhutan’s 12,062 Bitcoin reserve, worth approximately $1.17 billion.
The initiative, powered by Binance Pay, enables seamless, fee-free transactions using over 100 cryptocurrencies across more than 1,000 merchants. Enhanced by encryption and two-factor authentication (2FA), the system eliminates traditional payment costs and gas fees, promoting financial…
