The Royal Government of Bhutan has moved 517 BTC, valued at $59.23 million, to a new cryptocurrency wallet. Reports suggest that the funds are likely headed to Binance, one of the worldโs largest crypto exchanges. This significant transaction highlights Bhutanโs ongoing involvement in the crypto market and adds to the growing trend of governments and institutions managing sizable digital asset holdings. The move is drawing attention in both the crypto and financial sectors.
