Royal Government of Bhutan

The Royal Government of Bhutan, established as a monarchy in 1907 and transitioning to a democratic constitutional monarchy in 2008, oversees the nation’s economic and fiscal policies. Operating through the Ministry of Finance, its business model relies on revenue from hydroelectricity, tourism, and taxes to fund public services and infrastructure. Core operations, managed by the Department of Treasury and Accounts, include prudent expenditure management, treasury operations, and coordination with the Royal Monetary Authority to ensure fiscal stability and macroeconomic policy alignment.

The government employs a forward-thinking Ethereum treasury strategy, cautiously integrating ETH as a reserve asset to explore blockchain’s potential for financial innovation. By engaging in pilot programs for staking and decentralized finance, it aims to enhance transparency and efficiency in public finance, aligning with global digital trends. Its broader digital asset strategy focuses on responsible innovation, supporting blockchain-powered services like digital payments and exploring regulatory frameworks to foster a crypto-friendly ecosystem while prioritizing financial stability.

The Royal Government of Bhutan maintains a unique presence in global finance, leveraging its hydroelectric resources and progressive policies to explore digital assets. Led by Finance Minister Lyonpo Lekey Dorji and Finance Secretary Leki Wangmo, the leadership team brings expertise in governance and finance to drive reforms. Its commitment to sustainable development and blockchain integration underscores its enduring relevance, positioning Bhutan as a forward-looking player in digital finance.