Bitget Expands into Bhutan's Mindfulness City with Licence Application Plans

Bitget is expanding its reach in Bhutan by signing a cooperation agreement with the Gelephu Mindfulness City Authority.

The exchange aims to establish a legal entity in the special administrative region of southern Bhutan and apply for a Financial Services Licence from the Gelephu Financial Services Office.

Bitget's CEO, Gracy Chen, considers Bhutan an 'emerging hotbed for digital finance', praising its 'rare mix of long-term thinking, clean-energy advantage and regulatory clarity.'

Bhutan has been promoting green cryptocurrency mining using its hydropower to support economic growth, create jobs, and retain young talent.