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GMC to include Bitcoin and other digital assets in strategic reserves

GMC to include Bitcoin and other digital assets in strategic reserves

Gelephu Mindfulness City, GMC, has announced plans to adopt digital assets such as Bitcoin, Ethereum, and Binance Coin in its strategic reserves. According to a GMC social media post, the move makes the Special Administrative Region one of the first jurisdictions globally to officially hold digital assets as reserves. Strategic reserves refer to assets or resources set aside to ensure...

Crime rate drops, domestic violence cases rise: RBP statistics

Crime rate drops, domestic violence cases rise: RBP statistics

Call it the result of heightened awareness or cases going underreported, the country witnessed a slight decrease in the overall crime rate over the past two years. The Royal Bhutan Police’s latest statistics show that the decline was mostly observed across offences such as substance abuse, illicit trafficking of narcotic drugs, psychotropic substances, cannabis, and larceny. However, the data also...

Country’s electricity sector expected to grow by 19.8% this year

PHPA-II generates 27 M units of electricity since commissioning last month

The Punatsangchhu-II Hydroelectric Project generated nearly 27 M units of electricity since the commissioning of two of its six units on the 17th of last month until Sunday. This is equivalent to 27 megawatts which is being consumed within the country to meet domestic demand. The PHPA-II authority has sold the electricity to Bhutan Power Corporation. Once fully operational, PHPA-II...

Land investment opportunities boost Gelephu Tshechu attendance

Land investment opportunities boost Gelephu Tshechu attendance

The Gelephu Tshechu in Sarpang drew a huge crowd of devotees from neighbouring gewogs and districts this time. Although the festival usually draws a decent number of people, this time the courtyard was jam-packed with spectators. Many attributed the turnout to visitors from across the country exploring land investment opportunities at the Gelephu Mindfulness City and officials attending seminars and...

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