Bitget Eyes Bhutan's $100B Bitcoin-Backed Economic Zone for Licensed Crypto Operations

Crypto exchange Bitget has signed an agreement with Bhutan's Gelephu Mindfulness City Authority to pursue a regulated local presence in the country's developing digital asset sector. This strategic move positions Bitget to establish a legal foothold and prepare its application for relevant financial services licenses within the $100 billion autonomous economic zone.
The Gelephu Mindfulness City (GMC), backed in part by Bhutan's national Bitcoin reserves, aims to create high-value roles in finance, tech and wellness, presenting a significant opportunity for Bitget's expansion. "GMC is the emerging hotbed for digital finance, and Bitget looks forward to contributing exchange experience, infrastructure knowledge and local talent development as this ecosystem grows," said Gracy Chen, CEO at Bitget. This initiative reinforces the exchange's commitment to international expansion and regulatory compliance in emerging markets.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
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