Bitget Enters Bhutan with Gelephu Mindfulness City Partnership

Bitget has signed a cooperation agreement with Gelephu Mindfulness City Authority to establish a presence in Bhutan's emerging financial hub, Gelephu Mindfulness City.

The agreement provides a framework for Bitget to establish a legal entity in GMC and prepare an application for a Financial Services Licence under the jurisdiction's regulatory framework.

Bhutan has been attracting attention for its approach to digital assets, using hydropower resources to support environmentally powered cryptocurrency mining while exploring blockchain as part of a broader economic development strategy.

Gelephu Mindfulness City aims to become an international center for financial services and innovation, with companies seeking to provide regulated financial or virtual asset services requiring a licence from the Gelephu Financial Services Office.