The Trump administration is reportedly considering a strict travel ban that could prevent Bhutanese citizens from entering the United States. This possibility has sparked considerable outrage, especially considering the kingdom’s crypto-friendly stance and large BTC reserves. Reports indicate Bhutan BTC mining accumulated about $756 million in Bitcoin using abundant hydropower resources. Nevertheless, this South Asian country appears on the U.S. State Department’s “red list” with Iran and North Korea, raising questions about the ban’s logic.
Adding Bhutan to travel restrictions has raised questions due to the nation’s historical neutrality in global affairs. Tenzing Lamsang, a Bhutanese journalist, expressed frustration, highlighting that the kingdom rarely participates in diplomatic disputes. The digital currency industry also views this action as harmful to Bhutan blockchain investments.
Bhutan Crypto Rise: A Nation Powered by Bitcoin
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