Bhutan has launched a sovereign gold-backed token on the Solana blockchain, aiming to merge traditional reserves with digital finance and broaden access to secure, asset-backed digital assets.
A $59M Bitcoin transfer shines a spotlight on Bhutan’s secretive crypto holdings. The move offers a rare glimpse into the kingdom’s long-term playbook and how it has quietly managed its digital asset stack for years.
Recent investigations have uncovered the presence of North Korean tech workers within several UK blockchain projects. This raises significant concerns regarding potential evasion of international sanctions and the implications for national security.
Amid escalating sanctions and financial isolation, North Korea’s Bitcoin accumulation has surged, now surpassing that of countries like El Salvador and Bhutan. Analysts suggest Kim Jong-un’s regime views crypto as a tool for evading economic restrictions.