Bitget Pursues License in Bhutan Through Gelephu Mindfulness City Agreement

Bitget, a cryptocurrency exchange, has signed an agreement with Bhutan's Gelephu Mindfulness City Authority to establish a local presence and pursue a Financial Services Licence under the city's virtual asset framework.

The exchange plans to create a legal entity in the GMC and apply for a licence, which will support talent development, knowledge transfer, and capability building alongside its exchange operations.

Bitget's CEO Gracy Chen said that Bhutan combines long-term planning, renewable energy resources, and a regulatory framework that supports digital assets, making it an attractive location for the company.