Gelephu Mindfulness City
Coverage of Gelephu Mindfulness City in the Nexus archive.
- Asset Manager 3iQ to Manage Bhutan’s Bitcoin Reserves
Canadian digital asset manager 3iQ Corp. will manage Bhutan’s Bitcoin reserves for the Gelephu Mindfulness City project, overseeing 10,000 Bitcoins pledged for the new economic hub. Bhutan has been accumulating Bitcoin since 2019 and aims to position the region as a digital financial hub focused on mindfulness, sustainability, and innovation, drawing comparisons to El Salvador’s Bitcoin City initiative.
- Bhutan’s Gelephu taps 3iQ to manage part of Bitcoin treasury
Bhutan’s Gelephu Mindfulness City has partnered with 3iQ to manage an undisclosed portion of its Bitcoin treasury. The initiative aligns with Bhutan’s efforts to establish a digital-asset investment hub.
- Bhutan’s GMC offers quick licenses, bank accounts to lure crypto firms
Bhutan's Gelephu Mindfulness City is offering incentives to attract crypto firms, including faster licensing and zero-tax benefits. The city aims to lure regulated crypto companies willing to build long-term operations. This move is part of an effort to develop the local economy.