Bhutan's Gelephu Central Bank Authorized to Include Bitcoin and Other Crypto Assets in Reserves

TechFlow news, November 04: According to Bitcoin News, Bhutan's King Jigme Khesar Namgyel Wangchuck signed a royal decree granting the Gelephu financial regulatory authority full central bank powers, including monetary policy formulation and reserve management. The new central bank may invest in digital assets such as Bitcoin in addition to traditional reserves, but no mandatory purchase obligation is imposed. The status of Bhutan's national central bank, the Royal Monetary Authority, remains unchanged.

Source: TechFlow