Bhutan's Bold Bitcoin Bet: 3iQ Takes the Reins of National Crypto Reserves!
Canadian digital asset manager 3iQ Corp. will manage Bitcoin reserves for Bhutan's Gelephu Mindfulness City project, establishing a physical presence and investing in local talent. This initiative aims to transform Gelephu into a digital financial hub, diversifying Bhutan's economy and leveraging its long-standing Bitcoin holdings. The project mirrors El Salvador's crypto ambitions, positioning Bhutan as a forward-thinking nation in the digital asset space.David Isong • Crypto • 7 hours ago • 1 minute read •
Canadian digital asset manager 3iQ Corp. has announced its involvement in managing a portion of the Bitcoin reserves for Bhutan's ambitious Gelephu Mindfulness City (GMC) project. As Canada's largest and oldest digital asset fund manager, 3iQ will be responsible for overseeing the 10,000 Bitcoins that have been pledged to help fund the development of this new region. Beyond just asset management, 3iQ has committed to investing in local talent and establishing a long-term physical presence within Gelephu, supporting the region's vision to become Bhutan's new offshore digital financial hub.
The Gelephu Mindfulness City, initially announced in 2023, is envisioned as a
Loading...