The post Bhutan Adopts Ethereum for National ID System appeared on BitcoinEthereumNews.com. Key Points: Bhutan adopts Ethereum for national ID system integration. Global first in blockchain-based national identity. Potential increase in institutional Ethereum acquisition. On October 13, 2025, Bhutan initiated the shift of its national digital identity system to the Ethereum blockchain at a ceremony in Thimphu attended by dignitaries and Ethereum leaders. Bhutan’s move marks a significant milestone in blockchain adoption, potentially influencing other nations and bolstering Ethereum’s institutional interest while being hailed by industry leaders and developers. Bhutan’s Digital Identity Transition to Ethereum Blockchain Bhutan announced the migration of its national digital identity authentication system to Ethereum on October 13. The ceremony, held in Bhutan, saw attendance from Prime Minister Tshering Tobgay, Crown Prince Jigme Namgyel Wangchuk, and Ethereum co-founder Vitalik Buterin. The nation’s commitment to Ethereum signifies a major shift towards blockchain technology, emphasizing greater security and transparency. Bhutan, not currently holding Ethereum, may consider incorporating it into national reserves due to system integration. “Aya Miyaguchi, President of the Ethereum Foundation, said, “Today, Bhutan celebrates a historic milestone, becoming the first nation to anchor its national digital identity system on Ethereum. @VitalikButerin and I were honored to join the launch ceremony on behalf of the Ethereum community, graced by His Royal Highness.” Source“ Aya Miyaguchi, President of the Ethereum Foundation, underscored the empowerment of citizens with self-sovereign identity on X/Twitter. The global Ethereum community praised Bhutan’s innovative shift towards blockchain technology. Implications of Bhutan’s Blockchain Adoption on Ethereum Market Did you know? Bhutan’s adoption of Ethereum for its national ID system marks the first complete population roll-out of blockchain identity on a public blockchain globally, setting a new precedent for digital governance. Ethereum (ETH) is trading at $4,080.91 with a market cap of 492.56 billion dollars, according to CoinMarketCap data. Its market dominance stands at 12.90%, with a notable… The post Bhutan Adopts Ethereum for National ID System appeared on BitcoinEthereumNews.com. Key Points: Bhutan adopts Ethereum for national ID system integration. Global first in blockchain-based national identity. Potential increase in institutional Ethereum acquisition. On October 13, 2025, Bhutan initiated the shift of its national digital identity system to the Ethereum blockchain at a ceremony in Thimphu attended by dignitaries and Ethereum leaders. Bhutan’s move marks a significant milestone in blockchain adoption, potentially influencing other nations and bolstering Ethereum’s institutional interest while being hailed by industry leaders and developers. Bhutan’s Digital Identity Transition to Ethereum Blockchain Bhutan announced the migration of its national digital identity authentication system to Ethereum on October 13. The ceremony, held in Bhutan, saw attendance from Prime Minister Tshering Tobgay, Crown Prince Jigme Namgyel Wangchuk, and Ethereum co-founder Vitalik Buterin. The nation’s commitment to Ethereum signifies a major shift towards blockchain technology, emphasizing greater security and transparency. Bhutan, not currently holding Ethereum, may consider incorporating it into national reserves due to system integration. “Aya Miyaguchi, President of the Ethereum Foundation, said, “Today, Bhutan celebrates a historic milestone, becoming the first nation to anchor its national digital identity system on Ethereum. @VitalikButerin and I were honored to join the launch ceremony on behalf of the Ethereum community, graced by His Royal Highness.” Source“ Aya Miyaguchi, President of the Ethereum Foundation, underscored the empowerment of citizens with self-sovereign identity on X/Twitter. The global Ethereum community praised Bhutan’s innovative shift towards blockchain technology. Implications of Bhutan’s Blockchain Adoption on Ethereum Market Did you know? Bhutan’s adoption of Ethereum for its national ID system marks the first complete population roll-out of blockchain identity on a public blockchain globally, setting a new precedent for digital governance. Ethereum (ETH) is trading at $4,080.91 with a market cap of 492.56 billion dollars, according to CoinMarketCap data. Its market dominance stands at 12.90%, with a notable…

Bhutan Adopts Ethereum for National ID System

Key Points:
  • Bhutan adopts Ethereum for national ID system integration.
  • Global first in blockchain-based national identity.
  • Potential increase in institutional Ethereum acquisition.

On October 13, 2025, Bhutan initiated the shift of its national digital identity system to the Ethereum blockchain at a ceremony in Thimphu attended by dignitaries and Ethereum leaders.

Bhutan’s move marks a significant milestone in blockchain adoption, potentially influencing other nations and bolstering Ethereum’s institutional interest while being hailed by industry leaders and developers.

Bhutan’s Digital Identity Transition to Ethereum Blockchain

Bhutan announced the migration of its national digital identity authentication system to Ethereum on October 13. The ceremony, held in Bhutan, saw attendance from Prime Minister Tshering Tobgay, Crown Prince Jigme Namgyel Wangchuk, and Ethereum co-founder Vitalik Buterin.

The nation’s commitment to Ethereum signifies a major shift towards blockchain technology, emphasizing greater security and transparency. Bhutan, not currently holding Ethereum, may consider incorporating it into national reserves due to system integration.

Aya Miyaguchi, President of the Ethereum Foundation, underscored the empowerment of citizens with self-sovereign identity on X/Twitter. The global Ethereum community praised Bhutan’s innovative shift towards blockchain technology.

Implications of Bhutan’s Blockchain Adoption on Ethereum Market

Did you know? Bhutan’s adoption of Ethereum for its national ID system marks the first complete population roll-out of blockchain identity on a public blockchain globally, setting a new precedent for digital governance.

Ethereum (ETH) is trading at $4,080.91 with a market cap of 492.56 billion dollars, according to CoinMarketCap data. Its market dominance stands at 12.90%, with a notable 7-day price decrease of -8.27%. Current supply figures show 120,698,862 ETH in circulation.

Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 06:25 UTC on October 15, 2025. Source: CoinMarketCap

The Coincu research team suggests that Bhutan’s utilization of Ethereum could lead to broader blockchain adoption across governmental systems. Increased Ethereum reserves by national bodies could spur demand and potentially influence market trends, enhancing Ethereum’s stature in sovereign asset portfolios. Innovation in blockchain is gaining momentum internationally, reshaping how digital identities function.

Source: https://coincu.com/blockchain/bhutan-ethereum-digital-id-system/

Market Opportunity
SPACE ID Logo
SPACE ID Price(ID)
$0.06755
$0.06755$0.06755
+2.48%
USD
SPACE ID (ID) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

The post American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight appeared on BitcoinEthereumNews.com. Key Takeaways: American Bitcoin (ABTC) surged nearly 85% on its Nasdaq debut, briefly reaching a $5B valuation. The Trump family, alongside Hut 8 Mining, controls 98% of the newly merged crypto-mining entity. Eric Trump called Bitcoin “modern-day gold,” predicting it could reach $1 million per coin. American Bitcoin, a fast-rising crypto mining firm with strong political and institutional backing, has officially entered Wall Street. After merging with Gryphon Digital Mining, the company made its Nasdaq debut under the ticker ABTC, instantly drawing global attention to both its stock performance and its bold vision for Bitcoin’s future. Read More: Trump-Backed Crypto Firm Eyes Asia for Bold Bitcoin Expansion Nasdaq Debut: An Explosive First Day ABTC’s first day of trading proved as dramatic as expected. Shares surged almost 85% at the open, touching a peak of $14 before settling at lower levels by the close. That initial spike valued the company around $5 billion, positioning it as one of 2025’s most-watched listings. At the last session, ABTC has been trading at $7.28 per share, which is a small positive 2.97% per day. Although the price has decelerated since opening highs, analysts note that the company has been off to a strong start and early investor activity is a hard-to-find feat in a newly-launched crypto mining business. According to market watchers, the listing comes at a time of new momentum in the digital asset markets. With Bitcoin trading above $110,000 this quarter, American Bitcoin’s entry comes at a time when both institutional investors and retail traders are showing heightened interest in exposure to Bitcoin-linked equities. Ownership Structure: Trump Family and Hut 8 at the Helm Its management and ownership set up has increased the visibility of the company. The Trump family and the Canadian mining giant Hut 8 Mining jointly own 98 percent…
Share
BitcoinEthereumNews2025/09/18 01:33
China Bans Nvidia’s RTX Pro 6000D Chip Amid AI Hardware Push

China Bans Nvidia’s RTX Pro 6000D Chip Amid AI Hardware Push

TLDR China instructs major firms to cancel orders for Nvidia’s RTX Pro 6000D chip. Nvidia shares drop 1.5% after China’s ban on key AI hardware. China accelerates development of domestic AI chips, reducing U.S. tech reliance. Crypto and AI sectors may seek alternatives due to limited Nvidia access in China. China has taken a bold [...] The post China Bans Nvidia’s RTX Pro 6000D Chip Amid AI Hardware Push appeared first on CoinCentral.
Share
Coincentral2025/09/18 01:09
The Japanese House of Representatives has been formally dissolved.

The Japanese House of Representatives has been formally dissolved.

PANews reported on January 23 that, according to CCTV, the Japanese Diet opened and the House of Representatives held a plenary session. Speaker Fukushiro Nukaga
Share
PANews2026/01/23 12:08