In a recent development, Binance Co-Founder Changpeng Zhao has expressed support for Bhutan’s bold decision to include cryptocurrencies in its strategic reserves. Recently, Gelephu Mindfulness City (GMC) in Bhutan, a Special Administration Region, added Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) to its strategic reserves. In a statement, GMC noted that it will only invest in assets that are issued on secure blockchains and where on-chain transactions can be monitored. For its strategic reserves, GMC plans to only include digital assets that have a large market capitalization and are highly liquid. CZ praised Bhutan for its liberal approach to cryptocurrency, highlighting the country’s openness to blockchain technology. He noted that this is a strategic move by the country to attract crypto firms, investments, and innovations.
The crypto market took a sharp dive after the U.S. President Donald Trump ordered surprise…
Setting New Standard for Meme Coins Neo Pepe’s presale has skyrocketed to over $2 million,…
The cryptocurrency market continues to struggle, and XRP has taken a brutal hit. In the…
The cryptocurrency market faced a heavy blow in the past 24 hours as Bitcoin's price…
XRP just hit a major price level, and it happened right as bombs were dropping.…
Altcoin prices have been bleeding for months, leaving many investors wondering if the market is…
