Bhutan to launch reserve-backed gold tokens

DK Bank in Gelephu Mindfulness City will commence trading of the gold tokens on December 17. A second phase will see a listing of the tokens, which are backed by Bhutan's reserves, on more exchanges and venues for secondary trading.

Bhutan will start to offer tokenised gold products within Gelephu Mindfulness City, a Special Administrative Region (SAR), which has been established to expand the predominantly Buddhist country’s future of economic and financial development.

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