Bitget Signs Bhutan Crypto Partnership Deal
Bitget has signed an agreement with Bhutan's Gelephu Mindfulness City Authority to explore a licensed crypto presence in the planned $100 billion economic zone.
- Bitget signed an agreement with Bhutan’s Gelephu Mindfulness City Authority.
- The partnership will explore a licensed crypto presence in the economic zone.
- The initiative is linked to the planned $100 billion Gelephu Mindfulness City project.
Cryptocurrency exchange Bitget has signed an agreement with Bhutan’s Gelephu Mindfulness City Authority (GMCA) to explore establishing a licensed crypto presence within the country’s planned economic hub.
The agreement focuses on opportunities to support digital asset services in Gelephu Mindfulness City, a special economic zone designed to attract international investment and innovation. The project has been positioned as a long-term development initiative with an estimated value of $100 billion.
Exploring a Licensed Crypto Framework
Under the agreement, Bitget and the Gelephu Mindfulness City Authority will assess how a regulated crypto ecosystem could operate within the economic zone.
A licensed presence could provide a framework for digital asset trading and related blockchain services while aligning with Bhutan’s broader vision of fostering innovation under a regulated environment. The collaboration remains exploratory, with further regulatory and operational steps expected before any formal launch.
Bhutan Expands Its Blockchain Ambitions
The Bitget Bhutan partnership reflects Bhutan’s growing interest in blockchain technology and digital assets as part of its economic development strategy.
If the initiative progresses, it could strengthen Gelephu Mindfulness City’s appeal as a destination for fintech and Web3 businesses while expanding Bitget’s presence in emerging regulated markets. Industry participants will be watching closely for additional details on licensing, regulatory approvals, and future development plans.
