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Should Bhutan’s national bet on Bitcoin worry India?

cryptonews100_tggfrn by cryptonews100_tggfrn
May 8, 2023
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A Forbes report revealing that the Kingdom of Bhutan, one in all India’s closest regional allies, has secretly invested thousands and thousands of {dollars} in not simply crypto currencies, but additionally in constructing infrastructure to mine Bitcoin has stunned many.
Whereas the truth that Bhutan’s sovereign fund, Druk Holdings & Investments (DHI), had invested in crypto currencies was revealed final month, and that itself was a bombshell as a result of none of those investments had been made public, the truth that the nation is organising a power-guzzling Bitcoin mining operation has taken many within the nation, and within the area, aback.





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