Bhutan’s big crypto tourism push aims to revolutionise Himalayan travel
High in the Himalayas, the tiny kingdom of Bhutan, long known for its pursuit of “gross national happiness”, has now set its sights on a new measure of contentment: cryptocurrency.
In a move that has startled some of its neighbours and inspired global fintech champions, the “Land of the Thunder Dragon”, home to around 800,000 people, is using state-mined bitcoin to fund public salaries and lure a new wave of tourists.
Bhutan became, in May, the world’s first nation to unveil a countrywide, government-backed system enabling visitors to pay for virtually every aspect of their stay using digital currencies – from visa fees and flights to hotel rooms and entry to ancient dzongs.
The initiative, supported by Binance Pay and the…
