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Bitget enters digital asset presence exploration arrangement with Bhutan’s Gelephu Mindfulness City
['Hannah Collymore', 'John Palmer', 'Glory Kaburu', 'Aamir Sheikh']
Cryptopolitan
Bitget, the world’s leading Universal Exchange, has signed a cooperation agreement with the Gelephu Mindfulness City Authority, marking a step toward establishing a local presence in Gelephu Mindfulness City, Bhutan.
The cooperation is intended to support the growth of the digital asset ecosystem in GMC, subject to the required approvals.
Its financial services and virtual asset regime is governed by the Financial Services Act 2025 and subsidiary rulebooks, with firms carrying on regulated financial services or virtual asset activities in or from GMC required to obtain a Financial Services Licence from the GFSO.
“Our objective is to build a world-class digital asset ecosystem founded on robust regulation, institutional standards and long-term economic value.
Through this cooperation, Bitget intends to contribute global exchange experience, market infrastructure knowledge and digital asset industry expertise to GMC’s emerging ecosystem.