{"id":818322,"date":"2025-01-09T03:12:47","date_gmt":"2025-01-09T09:12:47","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/09\/binances-cz-praises-bhutans-crypto-reserve-move\/"},"modified":"2025-01-09T03:12:47","modified_gmt":"2025-01-09T09:12:47","slug":"binances-cz-praises-bhutans-crypto-reserve-move","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/09\/binances-cz-praises-bhutans-crypto-reserve-move\/","title":{"rendered":"Binance\u2019s CZ Praises Bhutan\u2019s Crypto Reserve Move"},"content":{"rendered":"<div id=\"main-content-row\">\n<div>\n<figure><img width=\"1200\" height=\"628\" src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2024\/11\/26192326\/Bitcoin-Drops-6k-In-Hours-Whats-Next-As-BTC-Price-Approaches-90k-1.webp\" alt=\"Royal Government of Bhutan Shifts 406 BTC ($40M) to QCP Capital, Still Holds $1.2B in BTC\" data-main-img=\"1\" decoding=\"async\" fetchpriority=\"high\"  ><\/figure>\n<\/div>\n<div id=\"the-post\">\n<p>In a recent development, Binance Co-Founder Changpeng Zhao has expressed support for Bhutan\u2019s bold decision to include cryptocurrencies in its strategic reserves. Recently, Gelephu Mindfulness City (GMC) in Bhutan, a Special Administration Region, added Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) to its strategic reserves. In a statement, GMC noted that it will only invest in assets that are issued on secure blockchains and where on-chain transactions can be monitored. For its strategic reserves, GMC plans to only include digital assets that have a large market capitalization and are highly liquid. CZ praised Bhutan for its liberal approach to cryptocurrency, highlighting the country\u2019s openness to blockchain technology. He noted that this is a strategic move by the country to attract crypto firms, investments, and innovations.<\/p>\n<\/div>\n<div>\n<h2>We&#8217;d Love to Hear Your Thoughts on This Article!<\/h2>\n<div>\n<h4>Was this writing helpful?<\/h4>\n<\/div>\n<\/div><\/div>\n<p><a href=\"https:\/\/coinpedia.org\/crypto-live-news\/binances-cz-praises-bhutans-crypto-reserve-move\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Nidhi Kolhapur<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a recent development, Binance Co-Founder Changpeng Zhao has expressed support for Bhutan\u2019s bold decision to include cryptocurrencies in its strategic reserves. Recently, Gelephu Mindfulness City (GMC) in Bhutan, a Special Administration Region, added Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) to its strategic reserves. In a statement, GMC noted that it will only<\/p>\n","protected":false},"author":1,"featured_media":818323,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[81412,1039],"tags":[],"class_list":{"0":"post-818322","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-binances","8":"category-praises"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/818322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=818322"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/818322\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/818323"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=818322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=818322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=818322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}