Bitget Signs Agreement with Gelephu Mindfulness City in Bhutan
Bitget exchange has signed a cooperation agreement with the Gelephu Mindfulness City Authority, allowing the exchange to establish a licensed presence in Bhutan. The agreement aims to create a legal presence in the city, prepare an application for a Financial Services License, and collaborate in operational and regulatory areas. Local activities are subject to necessary approvals, and no license has been granted so far. GMC, a Special Administrative Region in southern Bhutan, seeks to become an international hub for finance and innovation, governed by the Financial Services Act of 2025. Gracy Chen, CEO of Bitget, highlighted Bhutan's long-term vision regarding digital assets and the importance of GMC as an emerging hub. Bhutan utilizes hydropower resources for cryptocurrency mining, as part of a strategy for economic growth and talent retention. Jigdrel Singay, director of the GMC board, stated that Bitget brings global expertise to the development of the local financial ecosystem. Bhutan has also signaled its long-term intentions in December 2025, positioning digital assets as part of its economic development strategy.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Trust companies resist crypto assets from wealthy individuals

U.S. Treasury Announces $6 Billion Buyback, 10-Year Yield Rises to 4.85%

Ink Foundation and GSR Launch Charter Foundation to Reduce Legal Costs of Token Issuance

Budget 2027: Wealthy Retirees and Ministers Affected

FGS Projects to Increase Mortgage Loans by Up to 23%

Energy, Finance, and Global Capital Intertwined: The Federal Reserve's Policy Space Faces Multiple Constraints

大冰要抄底(专注交易) Highlights Critical Point in U.S. Economic Data

Russia Plans to Build a New Railway to China

September Rate Hike: The Fed's Least Bad Choice?

US Treasury Yields Near Highs, Waller Faces Test: A Single Statement May Stabilize the Bond Market

CoinGecko: On-chain Pre-IPO Perpetual Contracts as Effective Valuation Indicators

XRPL Infrastructure Operating Steadily After Attack

UK Allocates $135.5 Million to Ukraine for Air Defense

As Brent Oil Approaches $100, Concerns Over Interest Rates Rise in Global Markets

HSBC: US Stock Valuations Do Not Reflect AI Potential

Increase in Bitcoin Long-Term Holder Supply Ratio Forms Bottom Support

Xiaomi Launches First AI Desktop Application MiMo Desktop

U.S. Treasury to Announce Maximum Amount for 10 to 20-Year Treasury Bond Buybacks

$14.135 million Micron Purchase, SK Hynix Re-entry

Weakened Employment Resilience Alters Rate Hike Logic, CPI Becomes Pressure Test for Policy Framework

Whale Deposits $21.73 Million WBTC to Binance Since August 10

Engineered Exosomes Improve Memory in Mice with Alzheimer’s Disease

XRP futures volume reaches 64.6 billion dollars in August

Volkswagen Reprofiles Osnabrück Plant for Defense Production

Solana Increases Single Transaction Limit to 4096 Bytes

Demand for Grains in Ukraine Increased by 2.2 Times, Canned Goods by 1.7 Times

Hy4 Preview Optimization: Reduced Complexity and Token Consumption

Critical Situation at Zaporizhzhia Nuclear Power Plant, Offline Since August 20

World Gold Council: Gold Price Annualized Return Around 5%, Long-Term Trend Supported by Wealth Storage Demand







