Bhutan’s Gelephu Mindfulness City (GMC), a newly established Special Administrative Region, is leading the way by integrating digital assets like Bitcoin ($BTC ), Ether ($ETH ), and $BNB into its strategic reserves. This move positions GMC as one of the first jurisdictions to officially hold digital assets in its reserves, enhancing economic resilience and reflecting its involvement in Bitcoin mining. GMC prioritizes assets with large market capitalizations, high liquidity, and secure blockchain infrastructure to ensure stability and transparency.
Strategically located at the crossroads of South Asia, GMC aims to serve a population of over two billion by promoting blockchain technology and innovation. The decision aligns with the SAR’s forward-thinking approach, formalized through the enactment of the Application of Laws Act 2024. This legal framework supports companies offering financial services involving digital assets within a regulated environment.
In March 2025, GMC will host a high-level meeting in Bhutan to discuss global strategies for incorporating digital assets into strategic reserves and establish an international advisory panel. This initiative underscores GMC’s ambition to be a hub for blockchain-driven economic development.
Source: KUENSEL
Date: 08/01/2025
