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Bhutan Bets Big on Crypto: Partners with Binance to Revolutionize Tourism Payments
Bhutan Bets Big on Crypto: Partners with Binance to Revolutionize Tourism Payments
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Bhutan—the Himalayan kingdom better known for Gross National Happiness than fintech—just made its boldest crypto move yet. The government is teaming up with Binance to build a national digital payment system targeting the tourism sector.
Why it matters: Bhutan’s pristine landscapes attract high-value travelers, but its payment infrastructure remains archaic. This Binance collab could leapfrog legacy banking hurdles—assuming the notoriously volatile crypto markets don’t crash the party.
Between the lines: Another ’strategic partnership’ where a cash-strapped nation hopes crypto magic will solve systemic problems. At least they didn’t peg their economy to a memecoin this time.
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