Bhutan partners with Cumberland to build digital asset infrastructure

According to Foresight News, according to Cointelegraph, Bhutan has signed a multi-year memorandum of understanding with cryptocurrency market maker Cumberland DRW to cooperate in building digital asset infrastructure in Gelephu Mindfulness City, further deepening the country’s long-term cryptocurrency strategy focused on sustainable development. Under the partnership agreement, Cumberland will support the management of Bitcoin reserves in Bhutan, setting up an office in the mindfulness city of Gelepu and hiring local talent. The two parties will also explore the construction of a national-level digital asset ecosystem, including modern financial frameworks, sustainable mining, artificial intelligence computing, revenue generation and stablecoin infrastructure. The initiative is led by Green Digital, a digital infrastructure company associated with the Mindful City of Glepp, focused on developing computing facilities powered by renewable energy.
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