Bhutan's Gelephu Central Bank Approved to Include Bitcoin and Other Crypto Assets in Reserves

on November 4, according to Bitcoin News, Bhutan's King Jigme Khesar Namgyel Wangchuck signed a royal decree granting the Gelephu financial regulatory authority full central bank powers, encompassing monetary policy formulation and reserve management. The new central bank may invest in digital assets such as bitcoin alongside traditional reserves, but faces no mandatory purchase obligation. The status of Bhutan's national central bank, the Royal Monetary Authority, remains unchanged.