A recent action that has drawn the focus of the cryptocurrency world occurred when the Royal Government of Bhutan transferred a notable 751.31 BTC, approximately $74.15 million, to three new wallets. This move comes on the heels of earlier transfers and, like those, serves to deepen the shroud of mystery around Bhutan’s use of Bitcoin. Why were these coins sent to new wallets? The government’s common refrain: It’s all part of internal wallet management. To be sure, external appearances are important, and actions such as these can and do influence discussions regarding the international cryptocurrency market. Bhutan’s Growing Influence in
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