Bitget Partners with Gelephu Mindfulness City Authority to Enter Bhutanese Market

Bitget, the world's leading Universal Exchange, has signed a cooperation agreement with the Gelephu Mindfulness City Authority in Bhutan. This marks a significant step towards establishing a local presence for Bitget in Gelephu Mindfulness City.

The agreement sets out a framework for Bitget to establish a legal presence in GMC, prepare an application for a Financial Services Licence, and work with GMCA on operational, regulatory, and ecosystem-building workstreams. The goal is to support the growth of the digital asset ecosystem in GMC.

Bhutan has been making headlines in the crypto space due to its unique approach to digital assets. The country has used its hydropower resources to support green cryptocurrency mining as part of a broader strategy to stimulate economic growth and retain young talent.

Gelephu Mindfulness City is being developed as a next-generation international financial and innovation hub, governed by the Financial Services Act 2025. Bitget's CEO, Gracy Chen, said 'Bhutan is approaching digital assets with a rare mix of long-term thinking, clean-energy advantage, and regulatory clarity.'