Kingdom of Bhutan has started Developing Gelephu Mindfulness City (GMC) as an autonomous region, where BTC, ETH, and BNB will be included in the strategic reserve assets of the City. Let's dive into it.
The GMC
Gelephu Mindfulness City (GMC), which is an innovative urban development project of the Kingdom of Bhutan. Special efforts are being made to adopt blockchain technology in Bhutan; GMC was created to advance this objective. The selection of BNB as its reserve assets, along with BTC and ETH, is a big topic for the cryptoverse; it has been welcomed by Binance and BNB Chain.
CZ's influence behind this?
CZ met with the King of Bhutan and Sadhguru some time ago; I think at that time CZ must have convinced the King of Bhutan to accept BNB; otherwise, the selection of BNB along with BTC and ETH would not have been possible in any normal way, that too in a country like Bhutan, which is mining Bitcoin with its hydropower scheme. CZ is still the biggest promoter of BNB; his name is also marked with BNB on the X, and his handle still says Binance.
Rise with Blockchain
Bhutan was not very important in the world's geopolitics some time ago, but with its policy of fulfilling its needs by mining Bitcoin, it came to the fore like El Salvador in the Bitcoin world, and now with its upcoming reserve, it will gain importance in the Ethereum and BNB world as well.
Bhutan's King Jigme Khesar Namgyel Wangchuck has given his country a big place in South Asia through blockchain.
Originally published at Grill, and on Wubits in parts
