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Nasdaq-listed mining company Bitdeer Technologies Group and Bhutan’s sovereign investment arm Druk Holding and Investments (DHI) have teamed up to create eco-friendly and carbon-free digital asset mining operations in the Kingdom of Bhutan. In an announcement sent to Cryptox, Bitdeer and DHI said they would launch the partnership by creating a
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The Kingdom of Bhutan’s sovereign investment arm, estimated to manage around $2.9 billion in assets, has placed millions of dollars in cryptocurrencies and was a customer of bankrupt crypto firms BlockFi and Celsius.Druk Holding and Investments (DHI), a commercial arm of the royal government of Bhutan, has grown a crypto
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The private ledger, which is based on the open-source XRP Ledger, claims to be 120,000 times more efficient than standard proof-of-work blockchains making it desirable for a carbon-neutral approach, according to the release. The ledger seeks to provide central banks with “flexibility” and “control” without sacrificing financial stability and monetary
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