#Bhutan hasn't adopted #Bitcoin as legal tender like El Salvador, but it has quietly been involved in the cryptocurrency space. Bhutan's central bank, the Royal Monetary Authority (RMA), has been working on several blockchain and digital currency projects. For instance:

1. **CBDC Exploration**: Bhutan has been exploring the development of a central bank digital currency (CBDC) in partnership with Ripple. This project aims to improve cross-border payments and financial inclusion by leveraging blockchain technology for a digital Bhutanese Ngultrum.

2. **Cryptocurrency Mining**: It was revealed that Bhutan has been mining Bitcoin using its surplus hydroelectric power, a major source of energy for the country. Hydropower makes this operation environmentally sustainable, a critical issue in the global crypto mining debate.

However, Bhutan has **not made Bitcoin legal tender** like El Salvador. Instead, its involvement seems to be part of a broader strategy to embrace blockchain technology, improve financial infrastructure, and capitalize on its abundant clean energy resources.

Bhutan’s quiet move into crypto-related activities—particularly mining—makes it an interesting player in the evolving global financial landscape, but it isn't adopting Bitcoin for daily use or replacing its own currency with it. #News