Inside the Royal Government of Bhutan’s Bold $66M Bitcoin Transfer — Strategic or Something More?

Quick Summary:

This morning, the Royal Government of Bhutan shifted $66.55 million worth of bitcoin (BTC) to Binance, according to onchain data.$66M in Bitcoin on the Move – Bhutan’s Government’s Crypto Strategy Unfolds The BTC transfer, initiated from Bhutan’s government-linked crypto wallets, comes as the world’s most popular cryptocurrency approaches its peak valuation.

Inside the Royal Government of Bhutan’s Bold $66M Bitcoin Transfer — Strategic or Something More?

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Article Details

Author / Journalist: Jamie Redman

Category: Crypto

Markets: JapanBhutan

Topics: Bhutan News Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 18:30:33 (2 days ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Article Length: 15 words

Reading Time: 1 minutes read

Sentences: 1 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 23330629

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About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 15 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 9 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #62

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