Bhutan deepens its green Bitcoin strategy with infrastructure supported by Cumberland DRW

According to a report by Cointelegraph, Bhutan has signed a multi-year Memorandum of Understanding (MoU) with crypto market maker Cumberland DRW to collaborate on building digital asset infrastructure in Gelephu Mindfulness City (GMC), further deepening the country's long-term cryptocurrency strategy focused on sustainable development. The collaboration covers Cumberland's support for Bhutan's Bitcoin reserve management, establishing a business location in GMC, and employing local talent. The market maker will also send specialists to train the local workforce. According to the MoU, Cumberland and Bhutan aim to explore the development of a national crypto ecosystem encompassing modern financial frameworks, sustainable mining and AI computing, yield generation, and stablecoin infrastructure. This initiative is spearheaded by digital infrastructure company Green Digital, which is responsible for ensuring that digital asset development aligns with Bhutan's broader goals of sustainable development and economic diversification.