{"id":45255,"date":"2025-06-30T19:00:25","date_gmt":"2025-06-30T16:00:25","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=45255"},"modified":"2025-06-30T16:23:36","modified_gmt":"2025-06-30T13:23:36","slug":"bhutan-embraces-crypto-in-the-mountains-despite-internet-gaps","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/bhutan-embraces-crypto-in-the-mountains-despite-internet-gaps\/","title":{"rendered":"Bhutan Embraces Crypto in the Mountains, Despite Internet Gaps"},"content":{"rendered":"<p data-start=\"3452\" data-end=\"3646\">Tucked between the Himalayan peaks, <strong data-start=\"3488\" data-end=\"3498\">Bhutan<\/strong> may appear as a land frozen in time. Yet, behind ancient temples and prayer flags, a quiet digital revolution is gaining ground\u2014through <strong data-start=\"3635\" data-end=\"3645\">crypto<\/strong>.<\/p>\n<p data-start=\"3648\" data-end=\"3925\">During the <strong data-start=\"3659\" data-end=\"3670\">Binance<\/strong> Crypto-Powered Tour, Cointelegraph visited Thimphu and Paro to assess how much traction <strong data-start=\"3759\" data-end=\"3778\">crypto payments<\/strong> have gained. Just a few months after launch, locals and tourists alike are using digital assets for everything from hotel bookings to street food.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/bhutan-embraces-crypto-in-the-mountains-despite-internet-gaps\/#From_Temples_to_Tokens_A_Nation_Transforms\" title=\"From Temples to Tokens: A Nation Transforms\">From Temples to Tokens: A Nation Transforms<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/bhutan-embraces-crypto-in-the-mountains-despite-internet-gaps\/#Internet_Challenges_Persist_But_Hope_Is_on_the_Horizon\" title=\"Internet Challenges Persist, But Hope Is on the Horizon\">Internet Challenges Persist, But Hope Is on the Horizon<\/a><\/li><\/ul><\/nav><\/div>\n<h2 data-start=\"3932\" data-end=\"3983\"><span class=\"ez-toc-section\" id=\"From_Temples_to_Tokens_A_Nation_Transforms\"><\/span>From Temples to Tokens: A Nation Transforms<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"3985\" data-end=\"4171\">On May 7, <strong data-start=\"3995\" data-end=\"4010\">Binance Pay<\/strong> and <strong data-start=\"4015\" data-end=\"4026\">DK Bank<\/strong> announced a partnership allowing users to pay with <strong data-start=\"4078\" data-end=\"4089\">Bitcoin<\/strong>, <strong data-start=\"4091\" data-end=\"4098\">BNB<\/strong>, <strong data-start=\"4100\" data-end=\"4108\">USDT<\/strong>, and other assets for flights, hotels, visas, and even snacks.<\/p>\n<p data-start=\"4173\" data-end=\"4454\"><strong data-start=\"4173\" data-end=\"4184\">DK Bank<\/strong> president Ugy Gelephuin stated that nearly 1,000 merchants have already signed up to accept <strong data-start=\"4277\" data-end=\"4287\">crypto<\/strong>. Local tour guide Kuenley Dorjee told Cointelegraph that the technology is still new to many, but enthusiasm is growing: <em>\u201cIt\u2019s easier to use and the fees are better.\u201d<\/em><\/p>\n<hr \/>\n<p data-start=\"4456\" data-end=\"4738\"><em>You Might Be Interested In: <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/coinengineer.net\/blog\/elon-musk-talks-about-the-name-of-a-new-memecoin\/\">Elon Musk Talks About the Name of a New Memecoin!<\/a><\/span><\/em><\/p>\n<hr \/>\n<p data-start=\"4456\" data-end=\"4738\"><strong data-start=\"4456\" data-end=\"4466\">Bhutan<\/strong>\u2019s progressive stance stems largely from its monarch, King Jigme Khesar Namgyel Wangchuck\u2014nicknamed the \u201cDragon King.\u201d Under his rule, the country has implemented hydro-powered <strong data-start=\"4643\" data-end=\"4654\">Bitcoin<\/strong> mining since 2019, accumulating over 12,000 <strong data-start=\"4699\" data-end=\"4706\">BTC<\/strong> when prices were around $5,000.<\/p>\n<p data-start=\"4740\" data-end=\"4881\">In January, <strong data-start=\"4752\" data-end=\"4762\">Bhutan<\/strong>&#8216;s Gelephu region unveiled plans to develop a strategic crypto reserve, showing long-term commitment to digital assets.<\/p>\n<h2 data-start=\"4888\" data-end=\"4951\"><span class=\"ez-toc-section\" id=\"Internet_Challenges_Persist_But_Hope_Is_on_the_Horizon\"><\/span>Internet Challenges Persist, But Hope Is on the Horizon<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"4953\" data-end=\"5151\">Despite excitement, the country faces ongoing internet instability. Cointelegraph encountered inconsistent Wi-Fi in Paro and Thimphu, with Reddit users describing connections as \u201chorrendously slow.\u201d<\/p>\n<p data-start=\"5153\" data-end=\"5357\">The recent arrival of <strong data-start=\"5175\" data-end=\"5187\">Starlink<\/strong>, however, could be a game-changer. Officially launched on February 17, <strong data-start=\"5259\" data-end=\"5271\">Starlink<\/strong> promises speeds between 100\u2013200 Mbps\u2014enough to support real-time crypto transactions.<\/p>\n<p data-start=\"5359\" data-end=\"5461\"><strong data-start=\"5359\" data-end=\"5370\">DK Bank<\/strong>\u2019s Gelephuin remains optimistic: <em>\u201cWe\u2019re not quite there yet, but we\u2019re on the right track.\u201d<\/em><\/p>\n<hr \/>\n<p data-start=\"5359\" data-end=\"5461\"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<span style=\"color: #0000ff;\"><a href=\"https:\/\/t.me\/coinengineernews\">Telegram<\/a><span style=\"color: #000000;\">,<\/span>\u00a0<a style=\"color: #0000ff;\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">YouTube<\/a><\/span><span style=\"color: #000000;\">,<\/span>\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"color: #0000ff;\">Twitter<\/span><\/a>\u00a0channels for the latest<span style=\"color: #0000ff;\">\u00a0<a style=\"color: #0000ff;\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a><\/span>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tucked between the Himalayan peaks, Bhutan may appear as a land frozen in time. Yet, behind ancient temples and prayer flags, a quiet digital revolution is gaining ground\u2014through crypto. During the Binance Crypto-Powered Tour, Cointelegraph visited Thimphu and Paro to assess how much traction crypto payments have gained. Just a few months after launch, locals<\/p>\n","protected":false},"author":28,"featured_media":34567,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,657,2],"tags":[10615,22,2116,61,19554,40,9478,9427,13474,2843,11135,9844,19552,19556,19555,19559,19553,19558,19557,119],"class_list":["post-45255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-en","category-news","tag-bhutan","tag-binance","tag-binance-pay","tag-bitcoin","tag-blockchain-tourism","tag-bnb","tag-crypto-adoption","tag-crypto-economy","tag-crypto-infrastructure","tag-crypto-payments","tag-crypto-reserve","tag-digital-transformation","tag-dk-bank","tag-gelephu-mindfulness-city","tag-hydro-mining","tag-paro","tag-starlink","tag-thimphu","tag-ugy-gelephuin","tag-usdt"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bhutan Embraces Crypto in the Mountains, Despite Internet Gaps - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/bhutan-embraces-crypto-in-the-mountains-despite-internet-gaps\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bhutan Embraces Crypto in the Mountains, Despite Internet Gaps - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Tucked between the Himalayan peaks, Bhutan may appear as a land frozen in time. 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