News list for "Bhutan"
The Royal Government of Bhutan transferred 633 BTC (worth $64.57 million) to three new wallets. They currently hold 11,055 bitcoins ($1.13 billion).
On January 17, according to Onchain Lens monitoring, the Royal Government of Bhutan once again transferred 377.78 BTC to 2 addresses, worth 38.57 million USD. In the past hour, it transferred a total of 633.047 BTC, worth 64.57 million USD, and currently holds 11,055 BTC, worth 1.13 billion USD.
According to Onchain Lens, the Royal Government of Bhutan has transferred 255.26 BTC (worth $26 million) to two unknown wallets and may send it to Binance as previously recorded. Currently, they hold 11,433 BTC, worth $1.16 billion.
On January 8, the founder of Binance, CZ, added to the establishment of a cryptocurrency strategic reserve in Bhutan's Graphu Mindfulness City (GMC) that this is not only a bitcoin reserve, but also a cryptocurrency reserve including ETH and BNB, creating a precedent, and there will be more imitators in the future. This decision demonstrates Bhutan's open-mindedness and welcoming attitude towards other cryptocurrencies, which is a smart move to attract crypto businesses, investment and innovatio...
According to Arkham's monitoring, the Royal Government of Bhutan (Druk Holdings) address transferred about 406 bitcoins to QCP Capital's WBTC merchant deposit account 17 minutes ago, with a total value of about $40 million.
According to Bloomberg, India has reached agreements with neighboring Sri Lanka, Bhutan, and Nepal, and plans to include the United Arab Emirates in its cross-border settlement program. India is also exploring the use of a central bank digital currency (CBDC) as the primary settlement mechanism for its cross-border transfer solution.
According to Arkham data, the value of bitcoin held by addresses in the Kingdom of Bhutan has reached $1.10 billion, accounting for 34% of its GDP.
12:00-21:00 Keywords: Bhutan government, Trump, Tether 1. Binance Launchpool and Pre-Market Trading on-line Commonal (USUAL); 2. The UK government will develop plans to regulate stablecoins and staking services this month. 3. Crypto venture capital Portal Ventures completed about $90 million of oversubscription fundraising; 4. The government of Bhutan deposited 367.26 BTC to Binance, worth 33.51 million USD; 5. BTC and ETH options with a nominal value of approximately $3.96 billion will expire t...
According to Onchain Lens, the Royal Government of Bhutan has just deposited 367.26 BTC worth $33.51 million to Binance.
According to Arkham Intelligence, the small South Asian country of Bhutan, with a population of just 800,000 (El Salvador has a population of 6.40 million), owns 12,574 bitcoins worth $1.10 billion at current prices, and Bhutan's bitcoin holdings account for more than a third of the country's GDP (just under $3 billion). El Salvador's holdings of $500 million bitcoins account for only 1.5% of its GDP. According to reports, Bhutan's bitcoin holdings have been accumulated through bitcoin mining be...
According to Arkham, the 12,568 bitcoins held by the Bhutanese government are worth more than $1 billion.
12:00-21:00 Keywords: Ant Chain, Yuan Shen, Kingdom of Bhutan, CryptoQuant 1. Stacks: The Stacks Satoshi upgrade is now online; 2. Magic Eden test coin TestME is now open for application; 3. Ant Chain discloses its "two chains and one bridge" platform for RWA business; 4. An original God-related X account was attacked and the MEME coin contract address was released; 5. The Royal Government of Bhutan deposited 929 BTC to Binance in the past 1 hour. 6. CryptoQuant CEO: The demand for institutions ...
According to Lookonchain, the Royal Government of Bhutan deposited 929 BTC (66.16 million USD) to Binance in the past hour. The Royal Government of Bhutan currently holds 12,456 BTC (886.58 million USD).
"Bhutan is the fourth-largest government to hold bitcoin on our platform, with 13,011 bitcoins worth about $780.49 million," Arkham said on X. "Unlike most governments, Bhutan's BTC does not come from law enforcement asset seizures, but from bitcoin mining operations, which have increased dramatically since early 2023."
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