Small but strategic country in Asia Bhutanhas added a new one to its innovative approaches to crypto money. Gelephu Awareness City (GMC), a special administrative region of the country Bitcoin (BTC) $95,447.5, Ethereum (ETH) 
$3,348.7 And BNB(BNB) as strategic reserve assets. With this decision, GMC became one of the first regions in the world to adopt cryptocurrencies as reserves.
Details of Bhutan’s Strategic Reserve Plan
As it is known, Bhutan relies on energy obtained from hydroelectric resources. Bitcoin mining stands out for what it does. The country, which had previously started keeping Bitcoin in its national reserves, this time cryptocurrency marketIt focused on assets with deep liquidity and low price risk. GMC officials stated that new reserve assets offer fast buying and selling opportunities and easily adapt to market conditions.
In the statement from city managers, “We strengthened our reserve portfolio with Bitcoin, Ethereum and BNB. “We see these assets as the cornerstones of a future-oriented economic model.”
Blockchain Technology Congress at GMC
Gelephu attracts attention not only with its economic decisions but also with its technology-oriented events. Accordingly, the Blockchain technology congress to be held in March will bring together business people and politicians from various countries. in congress cryptocurrency The future of technologies and their international applications will be discussed.
These latest developments in Bhutan have revealed the rising influence of GMC in the cryptocurrency market. GMC officials believe that the congress will contribute to both the economic and technological infrastructure of the city. GMC’s strategic location and innovative approaches support Bhutan’s goal of becoming one of the leading countries in the cryptocurrency market.
Announcing the development on their social media accounts, Binance announced that they support GMC’s work. Details regarding reserve assets and the congress are expected to become clear in the coming days.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
