{"id":64633,"date":"2025-12-21T22:16:36","date_gmt":"2025-12-21T22:16:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=64633"},"modified":"2025-12-21T22:16:36","modified_gmt":"2025-12-21T22:16:36","slug":"bhutan-commits-10000-btc-to-developing-a-mindfulness-based-economic-hub","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=64633","title":{"rendered":"Bhutan Commits 10,000 BTC to Developing a Mindfulness-Based Economic Hub"},"content":{"rendered":"
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The Kingdom of Bhutan has taken its adoption of bitcoin (BTC) a step further by allocating a portion of its reserves to the development of its new special administrative region, Gelephu Mindfulness City (GMC).<\/p>\n

According to a press release sent to CryptoPotato<\/em>, the country will channel 10,000 BTC, worth roughly $1 billion, to support the long-term development of GMC. GMC is a new economic hub designed for mindfulness, sustainability, and innovation.<\/p>\n

Bhutan Unveils Bitcoin Development Pledge<\/h2>\n

Bhutan\u2019s ruler, His Majesty King Jigme Khesar Namgyel Wangchuck, unveiled the Bitcoin Development Pledge via his National Day Address earlier this week. The commitment aligns with the king\u2019s vision of applying modern digital technologies to serve the people of Bhutan and future generations.<\/p>\n

The country will assess several approaches that would enable the long-term use of the pledged assets. The options under consideration include collateralising the Kingdom\u2019s bitcoin holdings, implementing yield management strategies, and preserving asset value while holding them long-term.<\/p>\n

Bhutan will guide any use of BTC in the GMC by prudence and strong governance, ensuring transparency and capital preservation. The country will prioritize preserving long-term potential while developing the economic hub in a stable and sustainable manner.<\/p>\n

Jigdrel Singay, Board Director at GMC, commented on the approach, saying: \u201cBhutan\u2019s position is that its Bitcoin holdings are intended for the long term, and that commitment is reiterated clearly in the Development Pledge. The specific strategy is still being worked on, and the examples mentioned in the announcement outline the range of responsible options under consideration. There is no change to Bhutan\u2019s long-term stewardship approach toward its Bitcoin reserves.\u201d<\/p>\n

GMC to be Powered by Digital Infrastructure<\/h2>\n

Besides being a mindfulness hub, GMC will also provide regulatory clarity, financial connectivity, and a long-term environment for collaboration. The hub is open to partnerships from both local and international digital asset entities. Bhutan has already integrated<\/a> digital assets into the hub\u2019s strategic reserves and enabled crypto-based payments across services. The Kingdom has also launched TER, a sovereign-backed token linked to physical gold.<\/p>\n

These efforts build on the country\u2019s track record of being one of the earliest adopters of BTC and digital asset infrastructure. Since 2017, Bhutan has quietly been mining<\/a> BTC using clean energy.<\/p>\n

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\u201cAs your King, I must ensure that every Bhutanese is a custodian, stakeholder, and beneficiary of GMC\u2026This commitment is for our people, our youth, and our nation,\u201d Bhutan\u2019s ruler stated.<\/p>\n<\/blockquote>\n

The post Bhutan Commits 10,000 BTC to Developing a Mindfulness-Based Economic Hub<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Kingdom of Bhutan has taken its adoption of bitcoin (BTC) a step further by allocating a portion of its reserves to the development of its new special administrative region, Gelephu Mindfulness City (GMC). According to a press release sent to CryptoPotato, the country will channel 10,000 BTC, worth roughly $1 billion, to support the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-64633","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/64633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=64633"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/64633\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}