Bhutan grants central bank powers to Gelephu regulator, allows digital asset investments
Bitcoin News said in a post on X that a royal decree signed by Bhutan King Jigme Khesar Namgyel Wangchuck gives a new financial regulator in Gelephu full central bank functions, including monetary policy and reserve management. The institution is allowed to include digital assets alongside traditional reserves in its investment scope, though the decree does not require any mandatory purchases. Bhutan’s existing central bank, the Royal Monetary Authority, remains unchanged. The update also ties into an earlier commitment linked to Gelephu Mindfulness City, which had already received the king’s backing in December 2025 for support of up to 10,000 BTC. The report points to a structure in which a new regulatory body gains broad monetary authority while the country’s current central bank continues to operate.
