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#BTC The Bhutanese government BTC Address abnormal, 116.62 BTC transferred to the new Wallet!
Just received news that according to Onchain Lens monitoring, on 2024-12-09 20:10, the government of the Kingdom of Bhutan marked Address transferred 116.62 BTC (worth about $11.44 million) to a new Wallet.
Currently, the government of the Kingdom of Bhutan still holds about 11,790 BTC, worth as much as 1.16 billion US dollars. What strategic considerations prompted the Kingdom of Bhutan to do this? Is it for asset diversification, or to explore a new role for BTC in its national economy?
In the current global environment of increasingly strict Cryptocurrency regulation, what opportunities and challenges will this operation in the Kingdom of Bhutan face? Let's wait and see, and continue to follow the Kingdom of Bhutan's subsequent actions in the BTC field, which may have far-reaching implications for the global Cryptocurrency landscape.