Bhutan's Gelephu Taps 3iQ for Bitcoin Treasury Management
Bhutan's Gelephu has partnered with 3iQ to manage part of its Bitcoin treasury, marking a significant development in the country's growing crypto adoption. According to reports, this is not the first instance of a government entity investing in cryptocurrency.
The partnership between Gelephu and 3iQ will enable Gelephu to diversify its investments and potentially reap returns on its Bitcoin holdings. While the exact details of the agreement are not specified, it is clear that Bhutan's government is taking steps to stay ahead of the curve in the rapidly evolving crypto landscape.