Bhutan - cryptonite.ae

Bhutan’s Bold Leap: Sovereign Bitcoin and Gold Tokens to Power “Mindfulness City”

July 24, 2026December 17, 2025 by Vaibhavv Ali

Bhutan has announced a landmark commitment of 10,000 BTC (approximately $1 billion) to fund the development of Gelephu Mindfulness City (GMC). This sovereign digital asset pledge, unveiled by King Jigme Khesar Namgyel Wangchuck during his National Day Address, positions the Himalayan kingdom as a global leader in integrating cryptocurrency with national infrastructure. A New Model … Read more

Bhutan Launches Gold-Backed Digital Token (TER) Amidst Major Blockchain Integration

July 24, 2026December 11, 2025 by Vaibhavv Ali

Bhutan has taken its latest step in blockchain adoption by launching TER, a sovereign-backed, gold-backed digital token on the Solana blockchain. Key details from the announcement: Token Details: Each TER token represents physical gold held in custody and is issued by the Gelephu Mindfulness City (GMC), a Special Administrative Region in Bhutan. Purpose & Significance: … Read more