On January 8, 2025, Bhutan's Gelephu Mindfulness City (GMC) announced plans to integrate Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) into its strategic reserves. This initiative positions GMC as one of the first jurisdictions globally to officially recognize digital assets as part of its financial strategy.

The decision reflects GMC's commitment to enhancing economic resilience and promoting blockchain technology. The city aims to focus on cryptocurrencies with large market capitalizations and deep liquidity, ensuring minimal price impact during trading activities. This move builds upon Bhutan's existing involvement in Bitcoin mining, which has significantly contributed to its economy.

GMC's strategy is supported by the recent enactment of the "Application of Laws Act 2024," establishing a legal framework for digital asset services. The city plans to host a summit in March 2025, bringing together government officials and industry leaders to discuss further integration of digital assets. With over $1 billion in Bitcoin holdings, Bhutan is setting an example for other nations by leveraging cryptocurrency for economic growth while maintaining a focus on sustainability.