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

According to Bitcoin News, King Jigme Khesar Namgyel Wangchuck of Bhutan signed a royal decree granting the Gelephu financial regulatory agency complete central banking powers, covering monetary policy formulation and reserve management. The new central bank can invest in digital assets such as Bitcoin alongside traditional reserves, but faces no mandatory purchase obligation. The status of the Royal Monetary Authority, Bhutan's national central bank, remains unchanged.