The post Bhutan Transfers $59 Million In Bitcoin To New Wallet appeared first on Coinpedia Fintech News
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 world’s largest crypto exchanges. This significant transaction highlights Bhutan’s 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.