Bhutan Powers Crypto Revolution with Clean Energy
Bhutan is turning heads in the crypto world—thanks to Binance. Leveraging its abundant hydroelectric power, the Himalayan kingdom has been quietly mining Bitcoin since 2019, accumulating over 12,000 BTC (now worth more than $1 billion) and ranking among the top sovereign Bitcoin holders
In May, Bhutan became the first nation to enable nationwide crypto payments for tourism—visas, flights, hotels, even local markets—using Binance Pay, onboarded with 100+ merchants (binance.com). Inspired by its Gross National Happiness philosophy, Binance CEO Richard Teng highlights that crypto's values—financial freedom and inclusion—align perfectly with Bhutan’s well-being‑first ethos.
Mining is fully powered by renewable hydropower (making up over 30–40% of Bhutan’s GDP), funding public services and boosting tourism revenue. With green energy, national reserves, and crypto payments all moving in harmony, Bhutan is reimagining what a crypto‑led national strategy can look like.
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