Bitcoin king: Why is Bhutan betting on crypto? | Business and Economy News

For years, Bhutan has measured its economic and social development using uncommon currencies: happiness and sustainability.

But amid growing economic pains and a brain drain, the small, landlocked Himalayan kingdom is adopting a new emblem of progress, which is propelling Bhutan into a leading role, globally, in embracing financial innovation: Bitcoin.

Nestled between India and China, Bhutan – also the first country in the world to become carbon negative– has mined millions of dollars in…