#بُوتَان and Cumberland #DRW sign a memorandum of understanding to develop the infrastructure for digital currencies

Bhutan and Cumberland DRW signed a memorandum of understanding to pursue a multi-year partnership focused on building digital currencies and financial infrastructure within the city #جيليفو . Bhutan has taken practical steps to integrate digital currencies into some aspects of its national strategy, including sovereign Bitcoin mining that relies on energy #الكهرومائية , and adopting digital identity systems based on blockchain technologies, in addition to providing limited cryptocurrency payment solutions for retail sectors and tourism services. Officials explained that the collaboration with #Cumberland DRW comes as a continuation of these initiatives, as part of Bhutan's efforts to diversify its economic base, while adhering to governance and sustainability frameworks that form a fundamental pillar in the development initiative of the city of Gelephu.