[Bhutan's Gyalpoizhing Smart City Appoints 3iQ to Manage Part of Its Bitcoin Reserves] According to Cointelegraph, Bhutan's Gyalpoizhing Smart City has appointed Canadian digital asset management firm 3iQ to manage part of its Bitcoin reserves as part of the special administrative region's efforts to establish itself as a digital asset investment hub. 3iQ will manage an undisclosed amount of Bitcoin to support Gyalpoizhing's development and will establish a long-term presence in the city, invest in local talent, and provide training. In December 2025, Bhutan announced it would allocate up to 10,000 BTC from its national Bitcoin holdings to support Gyalpoizhing. The latest agreement represents the next phase of this plan, though the specific amount under management, custody arrangements, or whether yield strategies such as lending and derivatives will be permitted have not been disclosed. Gyalpoizhing is striving to build a digital offshore financial center focused on innovation, sustainability, and institutional asset management.