Bhutan Hands Part of Its Sovereign Bitcoin to a Canadian Manager, Without Saying How Much
Bhutan’s Gelephu Mindfulness City has appointed Canadian digital asset manager 3iQ to oversee a mandate backed by part of its Bitcoin treasury, as the special administrative region pushes to
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AnonymousCryptoCompass newsroom
August 1, 2026
1 min read
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Bhutan’s Gelephu Mindfulness City has appointed Canadian digital asset manager 3iQ to oversee a mandate backed by part of its Bitcoin treasury, as the special administrative region pushes to establish itself as a digital asset investment hub.
It is an unusual arrangement. Sovereign Bitcoin held by a state is normally held by that state. This puts a portion of it under the management of a private firm on another continent, and the terms have not been made public.
What to Know XRP bulls lost $9.6 million as leveraged liquidations overwhelmed derivatives markets, exposing excessive bullish positioning during a modest price decline. Spot buyers absorbed
US President Donald Trump’s company, the Trump Media and Technology Group (TMTG), is pulling back from a deal with the Crypto.com exchange to instead focus on a merger with energy company TAE
The week's biggest crypto news is not about a recovery. The CLARITY Act failed to secure a Senate vote before the August 7 recess arrived, and Polymarket odds on passage cratered from above 8