According to ChainCatcher and Nikkei Asia, Bhutan, a Himalayan nation once known as the "Kingdom of Happiness," is facing a severe brain drain and high unemployment. To revitalize its economy, the Bhutanese government is pushing the "Gelephu Mindfulness City" special administrative region project—a planned special zone with environmental protection as its core concept—backed by state-led Bitcoin mining, hoping to inject new momentum into the country's development through the cryptocurrency economy.
Bhutan bets on Bitcoin mining to boost the economic revival of the "City of Bliss" special economic zone.
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