Bhutan

Country Bhutan
Capital Thimphu
Continent Asia(South Asia)
Currency Bhutanese Ngultrum(BTN)
Languages Dzongkha

Information

Introduction

In 1865, Britain and Bhutan signed the Treaty of Sinchulu, under which Bhutan would receive an annual subsidy in exchange for ceding some border land to British India. Under British influence, a monarchy was set up in 1907; three years later, a treaty was signed whereby the British agreed not to interfere in Bhutanese internal affairs and Bhutan allowed Britain to direct its foreign affairs. This role was assumed by independent India after 1947. Two years later, a formal Indo-Bhutanese accord returned the areas of Bhutan annexed by the British, formalized the annual subsidies the country received, and defined India's responsibilities in defense and foreign relations. A refugee issue of over 100,000 Bhutanese in Nepal remains unresolved; 90% of the refugees are housed in seven United Nations Office of the High Commissioner for Refugees (UNHCR) camps. In March 2005, King Jigme Singye WANGCHUCK unveiled the government's draft constitution - which would introduce major democratic reforms - and pledged to hold a national referendum for its approval. In December 2006, the King abdicated the throne to his son, Jigme Khesar Namgyel WANGCHUCK, in order to give him experience as head of state before the democratic transition. In early 2007, India and Bhutan renegotiated their treaty to allow Bhutan greater autonomy in conducting its foreign policy, although Thimphu continues to coordinate policy decisions in this area with New Delhi. In July 2007, seven ministers of Bhutan's ten-member cabinet resigned to join the political process, and the cabinet acted as a caretaker regime until democratic elections for seats to the country's first parliament were completed in March 2008. The king ratified the country's first constitution in July 2008.

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References

Bhutan - Wikipedia
Bhutan - CIA World Fact Book
Bhutan - BBC
Bhutan - Timeline - BBC

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News Headlines

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Work resumes on Bhutan's Punatsangchhu-I hydropower project after 7-year halt - The Hindu
  1. Work resumes on Bhutan's Punatsangchhu-I hydropower project after 7-year halt  The Hindu
  2. Union Minister Manohar Lal reaffirms energy partnership with Bhutan during visit to Punatsangchhu projects  ET EnergyWorld
  3. Manohar Lal visits Bhutan's heritage sites, discusses infra cooperation  The Hans India


Indian border town adjacent to Bhutan is reeling from riverbed pollution - MongabayIndian border town adjacent to Bhutan is reeling from riverbed pollution  Mongabay

Bhutan has sold 70% of its bitcoin in 18 months. It may have stopped BTC mining too. - CoinDeskBhutan has sold 70% of its bitcoin in 18 months. It may have stopped BTC mining too.  CoinDesk

A Bhutan bar mixes local stories and culture in its cocktails - ThePrintA Bhutan bar mixes local stories and culture in its cocktails  ThePrint

Costly experiment: Collapse of farm in Bhutan - Asia News NetworkCostly experiment: Collapse of farm in Bhutan  Asia News Network

Bhutan moves another $18 million in bitcoin as tracked holdings continue to shrink: Arkham - The BlockBhutan moves another $18 million in bitcoin as tracked holdings continue to shrink: Arkham  The Block

Bhutan Sells 70% of Bitcoin Holdings Upto $215 Millions in 18 Months - Analytics InsightBhutan Sells 70% of Bitcoin Holdings Upto $215 Millions in 18 Months  Analytics Insight

Bhutan moves $23 million worth of bitcoin; total holdings down 70% from peak - The BlockBhutan moves $23 million worth of bitcoin; total holdings down 70% from peak  The Block

Bhutan government moves another $25 million in bitcoin as weekly transfers top 1,000 BTC: Arkham - The BlockBhutan government moves another $25 million in bitcoin as weekly transfers top 1,000 BTC: Arkham  The Block

One of the biggest bitcoin (BTC) sellers this year is a tiny Asian country - CoinDeskOne of the biggest bitcoin (BTC) sellers this year is a tiny Asian country  CoinDesk

Manohar Lal meets Bhutan King, pushes hydropower cooperation and strategic ties - DD NewsManohar Lal meets Bhutan King, pushes hydropower cooperation and strategic ties  DD News

Union Minister Khattar holds talks with Bhutan’s Minister for Infrastructure and Transport - News On AIRUnion Minister Khattar holds talks with Bhutan’s Minister for Infrastructure and Transport  News On AIR

After 7 years, work restarts on India-funded Bhutan hydro project - The Economic TimesAfter 7 years, work restarts on India-funded Bhutan hydro project  The Economic Times

India-Funded Bhutan Dam Restarted After 7 Years; Geological Risks Remain - WhalesbookIndia-Funded Bhutan Dam Restarted After 7 Years; Geological Risks Remain  Whalesbook

India-backed Bhutan dam project restarts after 7 years - News Arena IndiaIndia-backed Bhutan dam project restarts after 7 years  News Arena India

India, Bhutan Deepen Energy Cooperation with Focus on Hydropower Projects - Energetica India MagazineIndia, Bhutan Deepen Energy Cooperation with Focus on Hydropower Projects  Energetica India Magazine

Bhutan offloads $40 mln Bitcoin in a week, trims BTC holdings 70% since 2024 - AMBCryptoBhutan offloads $40 mln Bitcoin in a week, trims BTC holdings 70% since 2024  AMBCrypto

Union Minister Shri Manohar Lal Visits Punatsangchhu Hydropower Projects; Participates in Key Milestone Ceremony - PIBUnion Minister Shri Manohar Lal Visits Punatsangchhu Hydropower Projects; Participates in Key Milestone Ceremony  PIB

Bhutan Just Sold Almost All of Its Bitcoin Holdings, But Why? - BeInCryptoBhutan Just Sold Almost All of Its Bitcoin Holdings, But Why?  BeInCrypto

India U23 men thrash Bhutan - All India Football FederationIndia U23 men thrash Bhutan  All India Football Federation

SAFF U20 Championship 2026: India beat Bhutan 5-0 in semi-finals - olympics.comSAFF U20 Championship 2026: India beat Bhutan 5-0 in semi-finals  olympics.com

India, Bhutan sign Punatsangchhu-II tariff protocol, agree on reactive energy accounting framework - PSU WatchIndia, Bhutan sign Punatsangchhu-II tariff protocol, agree on reactive energy accounting framework  PSU Watch

Manohar Lal begins Bhutan visit; India-Bhutan sign key power agreements - DD NewsManohar Lal begins Bhutan visit; India-Bhutan sign key power agreements  DD News

Minister of Power Manohar Lal calls on Prime Minister of Bhutan, Tshering Tobgay - News On AIRMinister of Power Manohar Lal calls on Prime Minister of Bhutan, Tshering Tobgay  News On AIR

Manohar Lal visits Punatsangchhu hydropower projects in Bhutan, attends milestone ceremony - DD NewsManohar Lal visits Punatsangchhu hydropower projects in Bhutan, attends milestone ceremony  DD News

India, Bhutan discuss ways to boost energy cooperation - The Economic TimesIndia, Bhutan discuss ways to boost energy cooperation  The Economic Times

EAM Jaishankar Meets Counterparts From Bhutan And Nepal In Mauritius - Ommcom NewsEAM Jaishankar Meets Counterparts From Bhutan And Nepal In Mauritius  Ommcom News

Bhutan restarts 1,200MW Punatsangchhu-I project with Indian grants and loans - NewsBytesBhutan restarts 1,200MW Punatsangchhu-I project with Indian grants and loans  NewsBytes

Manohar Lal begins Bhutan visit, focus on energy and sustainable growth - Awaz The VoiceManohar Lal begins Bhutan visit, focus on energy and sustainable growth  Awaz The Voice

Bhutan moves a further $23M in Bitcoin as holdings drop by 70% - TradingView — Track All MarketsBhutan moves a further $23M in Bitcoin as holdings drop by 70%  TradingView — Track All Markets

Stock Jumps After SPRANDI Acquisition to Expand Into India, Nepal, Bhutan & Sri Lanka By Trade Brains - Investing.com IndiaStock Jumps After SPRANDI Acquisition to Expand Into India, Nepal, Bhutan & Sri Lanka By Trade Brains  Investing.com India

India and Bhutan Sign Key Power Agreements During Minister Manohar Lal’s Visit - PSU ConnectIndia and Bhutan Sign Key Power Agreements During Minister Manohar Lal’s Visit  PSU Connect

Union minister meets Bhutan king to discuss energy cooperation - The News MillUnion minister meets Bhutan king to discuss energy cooperation  The News Mill

Manohar Lal Visit to Bhutan: Energy & Development Focus - Rediff MoneyWizManohar Lal Visit to Bhutan: Energy & Development Focus  Rediff MoneyWiz

India-Bhutan Energy Ties Strengthen as 1,200 MW Punatsangchhu-1 Hydropower Project Resumes After 7-Year Halt - Sangri TodayIndia-Bhutan Energy Ties Strengthen as 1,200 MW Punatsangchhu-1 Hydropower Project Resumes After 7-Year Halt  Sangri Today

India, Bhutan Deepen Energy Ties; Sign Key Power Agreements During Power Minister Manohar Lal Visit - Sarkaritel.comIndia, Bhutan Deepen Energy Ties; Sign Key Power Agreements During Power Minister Manohar Lal Visit  Sarkaritel.com

Work Resumes On Bhutan's Punatsangchhu-I Hydropower Project After 7-Year Halt - ETV BharatWork Resumes On Bhutan's Punatsangchhu-I Hydropower Project After 7-Year Halt  ETV Bharat

Why Bhutan needs a more resilient and trusted agricultural market framework - Down To EarthWhy Bhutan needs a more resilient and trusted agricultural market framework  Down To Earth

Union Minister Manohar Lal Calls on His Majesty The King of Bhutan - The Impressive TimesUnion Minister Manohar Lal Calls on His Majesty The King of Bhutan  The Impressive Times

Manohar Lal visits Bhutan’s heritage sites, discusses infra cooperation - english.punjabkesari.comManohar Lal visits Bhutan’s heritage sites, discusses infra cooperation  english.punjabkesari.com

Union Minister Manohar Lal Meets Bhutan King, Strengthens Bilateral Energy Cooperation - SolarQuarterUnion Minister Manohar Lal Meets Bhutan King, Strengthens Bilateral Energy Cooperation  SolarQuarter

India–Bhutan Strengthen Energy Partnership: New Hydropower, Clean Energy and Power Trade Agreements Signed During Ministerial Visit - SolarQuarterIndia–Bhutan Strengthen Energy Partnership: New Hydropower, Clean Energy and Power Trade Agreements Signed During Ministerial Visit  SolarQuarter

Jackkkk00999(@fletcher)'s insights - BinanceJackkkk00999(@fletcher)'s insights  Binance

India, Bhutan discuss strengthening energy security and hydropower cooperation - thehawk.inIndia, Bhutan discuss strengthening energy security and hydropower cooperation  thehawk.in

India-Bhutan Energy: Union Minister Manohar Lal to Visit Bhutan for Hydropower Cooperation - SolarQuarterIndia-Bhutan Energy: Union Minister Manohar Lal to Visit Bhutan for Hydropower Cooperation  SolarQuarter

Manohar Lal Khattar meets Bhutan's Energy Minister to discuss strengthening of energy ties - India's News.NetManohar Lal Khattar meets Bhutan's Energy Minister to discuss strengthening of energy ties  India's News.Net

India-Bhutan Strengthen Postal Cooperation - PIBIndia-Bhutan Strengthen Postal Cooperation  PIB

Bhutan Transfers $23M in BTC, Holdings Down 70% From Peak - CoinMarketCapBhutan Transfers $23M in BTC, Holdings Down 70% From Peak  CoinMarketCap

India, Bhutan sign key pacts to boost bilateral power trade - thehawk.inIndia, Bhutan sign key pacts to boost bilateral power trade  thehawk.in

India-Bhutan Strengthen Ties: Hydroelectric Projects and Visionary Initiatives - DevdiscourseIndia-Bhutan Strengthen Ties: Hydroelectric Projects and Visionary Initiatives  Devdiscourse

Restrictions on vehicles along India-Bhutan border for polls - The Times of IndiaRestrictions on vehicles along India-Bhutan border for polls  The Times of India

For Jobseekers, Bhutan’s Power Sector is Increasingly a Woman’s World - World BankFor Jobseekers, Bhutan’s Power Sector is Increasingly a Woman’s World  World Bank

Bhutan Agro scales up bottled water production to meet rising demand - Asia News NetworkBhutan Agro scales up bottled water production to meet rising demand  Asia News Network

Bhutan State Bitcoin Wallet Drops to 3,954 BTC After Latest Sale - Bitcoin.com NewsBhutan State Bitcoin Wallet Drops to 3,954 BTC After Latest Sale  Bitcoin.com News

India, Bhutan discuss strengthening energy security and hydropower cooperation - Social News XYZIndia, Bhutan discuss strengthening energy security and hydropower cooperation  Social News XYZ

Strengthening Ties: India-Bhutan's Energy Partnership - DevdiscourseStrengthening Ties: India-Bhutan's Energy Partnership  Devdiscourse

India-Bhutan Energy Partnership Deepens: Manohar Lal Reviews Key Hydropower Projects - DevdiscourseIndia-Bhutan Energy Partnership Deepens: Manohar Lal Reviews Key Hydropower Projects  Devdiscourse

Thimphu: Manohar Lal meets Bhutan King #Gallery - Social News XYZThimphu: Manohar Lal meets Bhutan King #Gallery  Social News XYZ

Bhutan Unwinds Sovereign Bitcoin Mining Operation - National TodayBhutan Unwinds Sovereign Bitcoin Mining Operation  National Today

Bhutan Moves $23M in Bitcoin, Holdings Down 70% - BitboBhutan Moves $23M in Bitcoin, Holdings Down 70%  Bitbo

Bhutan learns from New Zealand’s experience in disaster-resilient infrastructure - UNDPBhutan learns from New Zealand’s experience in disaster-resilient infrastructure  UNDP

Powering Collaborative Futures: India-Bhutan Hydro Energy Alliance Strengthens - DevdiscoursePowering Collaborative Futures: India-Bhutan Hydro Energy Alliance Strengthens  Devdiscourse

TUI enters Bhutan with first TUI Blue hotel - TravelMoleTUI enters Bhutan with first TUI Blue hotel  TravelMole

Bhutan’s Bitcoin reserves fall sharply amid state-level sales and mining uncertainty - BitgetBhutan’s Bitcoin reserves fall sharply amid state-level sales and mining uncertainty  Bitget

Manohar Lal Khattar offers prayers at Bhutan's historic Simtokha Dzong - Asianet NewsableManohar Lal Khattar offers prayers at Bhutan's historic Simtokha Dzong  Asianet Newsable

India, Bhutan sign key pacts to boost bilateral power trade - lokmattimes.comIndia, Bhutan sign key pacts to boost bilateral power trade  lokmattimes.com

Manohar Lal’s Visit to Bhutan Signals New Phase of Strategic Cooperation - DevdiscourseManohar Lal’s Visit to Bhutan Signals New Phase of Strategic Cooperation  Devdiscourse

Port Louis: EAM Jaishankar meets Bhutan FM #Gallery - Social News XYZPort Louis: EAM Jaishankar meets Bhutan FM #Gallery  Social News XYZ

Union Minister Manohar Lal Arrives in Bhutan; Reaffirms India–Bhutan Partnership on Clean Energy and Sustainable Development - India Education DiaryUnion Minister Manohar Lal Arrives in Bhutan; Reaffirms India–Bhutan Partnership on Clean Energy and Sustainable Development  India Education Diary

Bhutan Sells 70% of Bitcoin Holdings, Reducing Stack to 3,954 From 13,000 in 18 Months - bloomingbitBhutan Sells 70% of Bitcoin Holdings, Reducing Stack to 3,954 From 13,000 in 18 Months  bloomingbit

Manohar Lal meets Bhutan King, reaffirms India-Bhutan friendship - Asianet NewsableManohar Lal meets Bhutan King, reaffirms India-Bhutan friendship  Asianet Newsable

Movement curbs imposed along India–Bhutan border in Tamulpur ahead of Assam polls - India Today NEMovement curbs imposed along India–Bhutan border in Tamulpur ahead of Assam polls  India Today NE

Bhutan Growth Outlook Strong, But Job Creation Needs Acceleration - fundsforNGOs NewsBhutan Growth Outlook Strong, But Job Creation Needs Acceleration  fundsforNGOs News

Bhutan Reduces Sovereign Bitcoin Reserve by 71% in 18 Months - ForkLogBhutan Reduces Sovereign Bitcoin Reserve by 71% in 18 Months  ForkLog

Assam Polls: Vehicular Movement Restricted Along India–Bhutan Border Ahead Of Assam Polls - Northeast TodayAssam Polls: Vehicular Movement Restricted Along India–Bhutan Border Ahead Of Assam Polls  Northeast Today

Bhutan’s Growth Outlook Remains Strong, Job Creation Must Accelerate Amid Global Uncertainty - India Education DiaryBhutan’s Growth Outlook Remains Strong, Job Creation Must Accelerate Amid Global Uncertainty  India Education Diary

India, Bhutan Sign Two Key Agreements to Boost Hydropower and Energy Cooperation - Indian MastermindsIndia, Bhutan Sign Two Key Agreements to Boost Hydropower and Energy Cooperation  Indian Masterminds

RedTape acquires global sports footwear brand SPRANDI for India, Nepal, Bhutan, Sri Lanka markets - CNBC TV18RedTape acquires global sports footwear brand SPRANDI for India, Nepal, Bhutan, Sri Lanka markets  CNBC TV18

Assam Elections 2026: India–Bhutan border in Tamulpur under restrictions, essential travel allowed - Northeast Now (English)Assam Elections 2026: India–Bhutan border in Tamulpur under restrictions, essential travel allowed  Northeast Now (English)

Bhutan wine: How the Himalayan kingdom is building a wine industry from scratch - CNA LuxuryBhutan wine: How the Himalayan kingdom is building a wine industry from scratch  CNA Luxury

ADB President Welcomes Bhutan Prime Minister, Reaffirms Support for Sustainable Growth - Asian Development BankADB President Welcomes Bhutan Prime Minister, Reaffirms Support for Sustainable Growth  Asian Development Bank

Bhutan Sells 70% of Its Bitcoin Reserves as Mining Slows to a Halt - FXLeadersBhutan Sells 70% of Its Bitcoin Reserves as Mining Slows to a Halt  FXLeaders

India and Bhutan sign MoU on postal cooperation - News On AIRIndia and Bhutan sign MoU on postal cooperation  News On AIR

Bhutan Government Transfers 320 Bitcoin Worth $22.68 Million, Raising Sale Speculation - bloomingbitBhutan Government Transfers 320 Bitcoin Worth $22.68 Million, Raising Sale Speculation  bloomingbit

Kingdom of Bhutan dumps over 70% of Bitcoin holdings in less than 2 years - FinboldKingdom of Bhutan dumps over 70% of Bitcoin holdings in less than 2 years  Finbold

Khattar in Bhutan to deepen energy ties, meets counterpart Tshering - Asianet NewsableKhattar in Bhutan to deepen energy ties, meets counterpart Tshering  Asianet Newsable

Union Minister of Power and Housing & Urban Affairs to Embark on a 4-Day Visit to Bhutan tomorrow - India Education DiaryUnion Minister of Power and Housing & Urban Affairs to Embark on a 4-Day Visit to Bhutan tomorrow  India Education Diary

Bhutan’s Authorities Have Sold Around 70% of Their Bitcoin Reserves - incryptedBhutan’s Authorities Have Sold Around 70% of Their Bitcoin Reserves  incrypted

Bhutan's Bitcoin Reserves Plummet by 70% - Intellectia AIBhutan's Bitcoin Reserves Plummet by 70%  Intellectia AI

INSTITUTIONAL | Bhutan Offloads ~70% of Bitcoin Holdings in 18 Months - BitKEINSTITUTIONAL | Bhutan Offloads ~70% of Bitcoin Holdings in 18 Months  BitKE

Bhutan Reduces Bitcoin Stash From 13000 BTC to Under 4000 in 18 Months - Live Bitcoin NewsBhutan Reduces Bitcoin Stash From 13000 BTC to Under 4000 in 18 Months  Live Bitcoin News

Bhutan's Bitcoin Reserves Significantly Shrink - Intellectia AIBhutan's Bitcoin Reserves Significantly Shrink  Intellectia AI

Assam Elections 2026: India–Bhutan border in Tamulpur under restrictions, essential travel allowed - Northeast Now (English)Assam Elections 2026: India–Bhutan border in Tamulpur under restrictions, essential travel allowed  Northeast Now (English)

Bhutan's Bitcoin Holdings Plummet by 70% - Intellectia AIBhutan's Bitcoin Holdings Plummet by 70%  Intellectia AI

Bhutan's Bitcoin Holdings Plummet 72% - Intellectia AIBhutan's Bitcoin Holdings Plummet 72%  Intellectia AI

Bhutan Cuts Bitcoin Holdings by 70% Over 18 Months - CoinpediaBhutan Cuts Bitcoin Holdings by 70% Over 18 Months  Coinpedia

Bhutan Welcomes India Bangladesh and Maldives for Visa-Free Travel with a Guide to Top Destinations Events and Cultural Heritage - Travel And Tour WorldBhutan Welcomes India Bangladesh and Maldives for Visa-Free Travel with a Guide to Top Destinations Events and Cultural Heritage  Travel And Tour World

Bitcoin Price Prediction: Bhutan Selling, But Technical Indicators Says $80K Next - CryptonewsBitcoin Price Prediction: Bhutan Selling, But Technical Indicators Says $80K Next  Cryptonews

Bhutan Moves 250 BTC as Government Holdings Continue to Decline - FinanceFeedsBhutan Moves 250 BTC as Government Holdings Continue to Decline  FinanceFeeds

FM Khanal holds meetings with his counterparts from India, Bhutan and Bangladesh - myRepublicaFM Khanal holds meetings with his counterparts from India, Bhutan and Bangladesh  myRepublica