Gelephu Mindfulness City (GMC) in Bhutan has made history by becoming one of the first regions in the world to integrate digital assets into its financial strategy. The city, which is a special administration region, will now include BTC, ETH, and BNB in its strategic reserves.
This move is part of a growing trend among countries and cities to adopt digital funds to secure their reserves. With the expectation that crypto will boom in 2025 and greater acceptance of blockchain technologies, GMC wants to position itself as an innovator and a digital finance leader.
Gelephu Mindfulness City is strategically located close to some of the world's most rapidly growing economies, including India, and this move will impact more than 2 billion people.
In addition, to encourage further innovations, the city approved the Application of Laws Act 2024 in December, which mentions particularly the effective regulatory framework that must frame the companies exploring digital assets.
The firm has opted for BTC, ETH, and BNB within the strategic reserves that are matured with deep market capitalization and good liquidity. The city will also host a high-level meeting in Bhutan to bring the government officials and heads of the industry to deliberate on strategies for digital assets.
As analysts go ahead to argue, adoption really is going to start picking up speed in 2025, and digital assets are going to figure much more largely in economic policy.
This has largely attracted many people because Binance’s founder, Changpeng Zhao (CZ), was very welcoming of the move. This is also testimony to the utility, security, and scalability within the crypto ecosystem that GMC would be strengthening its commitment towards blockchain transparency and innovation.
Gelephu Mindfulness City is at the forefront of this movement, and its decision to include digital assets in its strategic reserves is a bold and innovative step. This move is sure to attract attention and could help to pave the way for greater adoption of digital assets in the mainstream financial system.
