The country's green crypto hub plans rely on expanding its hydropower capacity from 3.5 to 33 gigawatts.
Meanwhile, Russia has imposed a six-year crypto mining ban in 10 regions to conserve fossil fuel energy.
Bhutan is exploring the use of hydropower to mine green
cryptocurrencies. The aim is to support the economy and reduce youth migration,
according to the head of the country's sovereign wealth fund.
Green cryptocurrencies are digital currencies mined using
renewable energy, such as hydropower. Unlike fossil fuels, these energy sources
have a lower environmental impact.
Bhutan is located between India and China. It has invested
in popular cryptocurrencies in recent years. Two government officials in
Thimphu said profits from these investments helped pay public sector wages for
two years.
Bhutan Leverages Hydropower for Green Crypto Mining
Ujjwal Deep Dahal, Source: LinkedIn
The sovereign wealth fund, which also oversees Bhutan’s sole
power utility, began investing in cryptocurrencies in 2019. CEO Ujjwal Deep
Dahal, Druk Holding and Investments Ltd, CEO said the fund viewed these assets
as both a strategic investment and a potential turning point for the country.
Bhutan operates large computers using hydropower to mine
digital coins. Officials are assessing whether international corporations would
be willing to buy these “green” coins to meet environmental, social,
and governance (ESG) targets.
While Bhutan is scaling up green crypto mining through
hydropower, Russia
has imposed a six-year ban on crypto mining in 10 regions starting January
2025. This move, aimed at reducing fossil fuel consumption, seeks to conserve
energy for essential sectors, especially during peak winter demand when power
shortages are more likely.
“Bitcoin has not just given more value to hydropower energy,
it has also increased access to liquidity in foreign currency,” said Dahal. He
added that training young people in blockchain and AI could create jobs.
The country, with a population of about 800,000, is
experiencing a youth exodus. Government data shows over 10% of young people
left the country between 2022 and 2023. Youth unemployment rose to 16.5% in
2024.
Analysts say Bhutan’s plan to become a centre for green
cryptocurrency mining will depend on expanding its hydropower. The country
currently has about 3.5 gigawatts in capacity, but it has the potential to
reach 33 gigawatts.
Bhutan is exploring the use of hydropower to mine green
cryptocurrencies. The aim is to support the economy and reduce youth migration,
according to the head of the country's sovereign wealth fund.
Green cryptocurrencies are digital currencies mined using
renewable energy, such as hydropower. Unlike fossil fuels, these energy sources
have a lower environmental impact.
Bhutan is located between India and China. It has invested
in popular cryptocurrencies in recent years. Two government officials in
Thimphu said profits from these investments helped pay public sector wages for
two years.
Bhutan Leverages Hydropower for Green Crypto Mining
Ujjwal Deep Dahal, Source: LinkedIn
The sovereign wealth fund, which also oversees Bhutan’s sole
power utility, began investing in cryptocurrencies in 2019. CEO Ujjwal Deep
Dahal, Druk Holding and Investments Ltd, CEO said the fund viewed these assets
as both a strategic investment and a potential turning point for the country.
Bhutan operates large computers using hydropower to mine
digital coins. Officials are assessing whether international corporations would
be willing to buy these “green” coins to meet environmental, social,
and governance (ESG) targets.
While Bhutan is scaling up green crypto mining through
hydropower, Russia
has imposed a six-year ban on crypto mining in 10 regions starting January
2025. This move, aimed at reducing fossil fuel consumption, seeks to conserve
energy for essential sectors, especially during peak winter demand when power
shortages are more likely.
“Bitcoin has not just given more value to hydropower energy,
it has also increased access to liquidity in foreign currency,” said Dahal. He
added that training young people in blockchain and AI could create jobs.
The country, with a population of about 800,000, is
experiencing a youth exodus. Government data shows over 10% of young people
left the country between 2022 and 2023. Youth unemployment rose to 16.5% in
2024.
Analysts say Bhutan’s plan to become a centre for green
cryptocurrency mining will depend on expanding its hydropower. The country
currently has about 3.5 gigawatts in capacity, but it has the potential to
reach 33 gigawatts.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
Can Your Platform Launch Prediction Markets? A CFTC Compliance Checklist
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
