Bhutan Taps Canadian Crypto Expertise for its Bitcoin Reserves

Bhutan's Gelephu Mindfulness City project has found a partner to manage its Bitcoin reserves. Canadian digital asset manager 3iQ Corp. will work with Bhutan to oversee some of the 10,000 Bitcoins pledged to build the new region.

The GMC is positioning itself as Bhutan's new offshore digital financial hub and aims to attract global talent while maintaining cultural values and environmental principles.

According to a statement from 3iQ's director and CEO Pascal St-Jean, 'From the very inception we were aligned with GMC’s vision to create a next-generation economic hub that attracts global talent while being committed to Bhutan’s cultural values and environmental principles.'