Bhutan's Cryptocurrency Holdings Under the Microscope

The Kingdom of Bhutan has caught the attention of global observers with a large-scale liquidation of its cryptocurrency holdings. According to blockchain data, the kingdom sold 519.7 BTC, amounting to $36.75 million.

Bhutan is known for prioritizing gross national happiness, which contrasts with the significant sums being invested in digital assets. This has led many to scrutinize the country's strategy regarding cryptocurrencies.