Bhutan signs MoU with cryptocurrency market maker Cumberland to develop digital infrastructure
Bhutan has signed a multi-year memorandum of understanding with cryptocurrency market maker Cumberland to collaborate on building digital asset infrastructure. This marks a significant step in advancing the country's blockchain ecosystem and integrating new technologies into its financial sector.
Source Сointelegraph
Previously, it was reported that Bhutan is launching the gold-backed TER token on the Solana blockchain, highlighting the country’s commitment to adopting innovative digital products. The partnership with Cumberland could greatly strengthen Bhutan’s position in the cryptocurrency market.
This memorandum opens opportunities for the extensive development of digital assets in Bhutan, fostering both domestic financial growth and international integration.
