Bhutan Hands Part of Its Sovereign Bitcoin to a Canadian Manager, Without Saying How Much
Bhutan’s Gelephu Mindfulness City has appointed Canadian digital asset manager 3iQ to oversee a mandate backed by part of its Bitcoin treasury, as the special administrative region pushes to
A
AnonymousCryptoCompass newsroom
August 1, 2026
1 min read
NEWS
CryptoCompass editorial visual for bitcoin coverage.
Bhutan’s Gelephu Mindfulness City has appointed Canadian digital asset manager 3iQ to oversee a mandate backed by part of its Bitcoin treasury, as the special administrative region pushes to establish itself as a digital asset investment hub.
It is an unusual arrangement. Sovereign Bitcoin held by a state is normally held by that state. This puts a portion of it under the management of a private firm on another continent, and the terms have not been made public.
The XRP Ledger has already proven its ability to support tokenized assets at scale. The upcoming xrpld 3.3.0 release takes that foundation further. Five amendments are set to activate followi
South Korea's crypto trading volume fell 54.6% in the first half of the year, pointing to a sharp slowdown in activity across one of the world's most active retail markets. The decline is the
Summary Circle secured a New York trust charter expanding its regulatory framework for USDC and digital financial services under NYDFS oversight. The approval builds on Circle’s 2015 BitLicen