Bitget enters digital asset presence exploration arrangement with Bhutan’s Gelephu Mindfulness City

Bitget, the world’s leading Universal Exchange, has signed a cooperation agreement with the Gelephu Mindfulness City Authority, marking a step toward establishing a local presence in Gelephu Mindfulness City, Bhutan.

The agreement sets out a framework for Bitget to establish a legal presence in GMC, prepare an application for the relevant Financial Services Licence under the regulatory framework administered by the Gelephu Financial Services Office, and work with GMCA on operational, regulatory and ecosystem-building workstreams.

What is the Bitget arrangement with the GMC about?

The cooperation is intended to support the growth of the digital asset ecosystem in GMC, subject to the required approvals.

“Bhutan is approaching digital assets with a rare mix of long-term thinking, clean-energy advantage and regulatory clarity,” said Gracy Chen, CEO at Bitget. “GMC is the emerging hotbed for digital finance, and Bitget looks forward to contributing exchange experience, infrastructure knowledge and local talent development as this ecosystem grows.”

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