‘Analyzing Bhutan, the Third Largest Bitcoin-Holding Nation: Leading the Green Mining Revolution’ (Author: FinTax) Bhutan leverages its hydropower resources and state-led model to advance green Bitcoin mining. Since 2020, it has accumulated 12,062 Bitcoins, accounting for approximately 40% of its GDP, making it the third-largest sovereign Bitcoin holder globally. Starting in 2025, Bhutan will launch a nationwide crypto payment system, allowing tourists to use cryptocurrency for purchases. Despite rapid development, Bhutan's tax and regulatory systems are still in their early stages, with no clear guidelines on cryptocurrency tax treatment. Current practices are based on the principles of the existing tax framework. Regulation is led by the RMA, which restricts mining and trading activities to specific areas, emphasizing KYC, AML, and prudent development. Read the full article: https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=47&id=51451