Bhutan’s $750M revenue from Bitcoin mining sets model for developing nations
Bhutan’s experience with mining Bitcoin could serve as a powerful example for other developing nations that seek to improve their economies. Go to Source
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Bhutan has twice as much Bitcoin as El Salvador, says Arkham
Bhutan’s investment arm, Druk Holdings, holds more than 13,000 BTC, which is more than double El Salvador’s stash. Go to Source
Bhutan Partners With Ripple to Pilot Digital Ngultrum on a Private Ledger
The Central Bank of Bhutan, the Royal Monetary Authority (RMA), has partnered with Ripple to start testing a model of its central bank digital currency (CBDC) using Ripple’s technology. The test will be using Ripple’s own CBDC private ledger, to support similar use cases. The pilot test will include retail, cross-border and wholesale payments for … Read more
Ripple is helping Bhutan pilot a CBDC
The company claimed its CBDC solution would allow Bhutan’s central bank to deploy a digital ngultrum “without compromising financial stability or monetary policy objectives.” Go to Source Powered by WPeMatico
