Crypto

BTSE Bhutan Secures Regulatory Approval for Virtual Asset Trading Services

Guavy AI Editorial Team Published September 29, 2026

Instruments

BTC ETH USDT MEW

BTSE Bhutan has been granted a Financial Services License (FSL) by the Gelephu Financial Services Office, allowing it to operate a multilateral trading facility for virtual assets and provide institutional-grade custody services.

The license confirms that BTSE Bhutan satisfied all pre-conditions stipulated by the GFSO, following an In-Principle Approval in April 2026. The FSL authorizes BTSE Bhutan to carry out two regulated activities: operating a multilateral trading facility for the exchange of virtual assets and providing institutional-grade custody services.

The company will begin onboarding users in the coming weeks, with spot trading services launching initially for the BTC/USDT and ETH/USDT trading pairs. More crypto trading pairs will be introduced in subsequent phases, subject to the platform's listing framework and regulatory requirements.

BTSE Bhutan Secures Regulatory Approval for Virtual Asset Trading Services

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